RBNZ RAISES RATES - A Complete Fundamental and Technical Breakdown NZDUSD
The NZD has seen better days but with a Cyclone, Prime Minister Jacinda Ardern's recent exit, another Interest Rate Hike and now a weather event which will require stimulus, what is the outlook for the New Zealand Dollar.
ACY Securities
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602 days ago
The NZD has seen better days but with a Cyclone, Prime Minister Jacinda Ardern's recent exit, another Interest Rate Hike and now a weather event which will require stimulus, what is the outlook for the New Zealand Dollar.
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Analysis of the New Zealand Dollar's After a 50bp from RBNZ
In a surprising move, the RBNZ reduced its official cash rate (OCR) by 50 basis points, bringing it down to 4.75%. This cut was notably larger than the incremental adjustments seen in previous months, signalling a decisive shift in the central bank’s policy stance.
ACY Securities
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7 days ago
RBNZ accelerates policy easing, sending NZD into knockout phase
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: RBNZ accelerates policy easing, sending NZD into knockout phase
FxPro
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7 days ago
NZD/USD Hits Seven-Week Low Amid Ongoing Sell-off and RBNZ Rate Cuts
The NZD/USD pair has dropped to a seven-week low, touching 0.6091, as the sell-off that started on 1 October continues to intensify. The New Zealand dollar's weakness is largely attributed to the Reserve Bank of New Zealand's (RBNZ) recent decisions to lower interest rates in response to decreasing inflation pressures.
RoboForex
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8 days ago
Gold Prices Plunge on Fed’s Hawkish Prospect
In commodities, gold faced heavy selling pressure, dropping to a two-week low. The prospect of a more hawkish Fed, which favours a stronger dollar, is weighing on gold prices. Oil prices also took a hit, driven by an unexpected 10.9 million-barrel build in U.S. crude inventories. Additionally, soft holiday data from China added to the negative sentiment surrounding oil prices.
PU Prime
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8 days ago
Oil Prices Bolster by Heighten Geopolitical Tension
Oil prices surged by nearly 4% in the last session, reaching a near two-month high as the confrontation between Israel and Iran-backed militaries escalated.
PU Prime
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9 days ago
Weekly Technical Outlook – USDJPY, NZDUSD, Oil
USDJPY flirts with August’s high after NFP boost; US CPI figures awaited; NZDUSD takes a breather after freefall; RBNZ to deliver a double rate cut; WTI oil futures back on the rise as geopolitics worsen; next resistance at 77.16
XM Group
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9 days ago
NZD/USD Dips as Market Anticipates RBNZ Rate Cut
The NZD/USD pair continues its downward trend, dropping to 0.6240 in its third consecutive session of declines. This ongoing sell-off in the New Zealand dollar is driven by market expectations of an upcoming interest rate cut by the Reserve Bank of New Zealand (RBNZ).
RoboForex
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14 days ago
USD, EUR, and GBP Under Pressure Amid Diverging Economic Trends
The USD’s performance this week is expected to remain cautious, shaped by multiple risk factors and economic indicators. One of the primary influences is the unfolding situation in Asia, where China has enacted a series of support measures to bolster its slowing economy.
ACY Securities
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15 days ago