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New Zealand Dollar Climbs Amid Risk Appetite

RTTNews | 884 दिनों पहले

New Zealand Dollar Climbs Amid Risk Appetite

(RTTNews) - The New Zealand dollar advanced against its major opponents in the European session on Friday, as European shares rose, with investors monitoring the Fed policy outlook.

Market participants digested hawkish comments from Fed officials indicating the possibility of a 'higher for longer' rate outlook.

Oil prices rose as a surge in virus cases in China fuelled concerns about demand outlook.

A pullback in the dollar also underpinned oil prices, as a weaker currency makes oil attractive for purchases in other currencies.

The kiwi appreciated to a 2-day high of 0.6177 against the greenback and a 3-day high of 1.6776 against the euro, from its early lows of 0.6114 and 1.6925, respectively. The kiwi is seen finding resistance around 0.64 against the greenback and 1.65 against the euro.

The kiwi touched 86.54 against the yen, its strongest level since November 9. Next immediate resistance for the kiwi is seen around the 88.00 level.

Against the aussie, the kiwi reached nearly a 7-month high of 1.0861. The currency is likely to find resistance around the 1.06 level.

Looking ahead, Canada industrial product price index and U.S. existing home sales for October are set for release in the New York session.

टैग: AUDNZD NZDUSD EURNZD NZDJPY

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U.S. Dollar Drops Against Majors

U.S. Dollar Drops Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Friday.

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NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Friday.

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Australian Dollar Falls After Australia Employment Data

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RTTNews | 3 दिनों पहले

Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Thursday.

RTTNews | 3 दिनों पहले

Antipodean Currencies Rise Amid Positive Risk Tone

Antipodean Currencies Rise Amid Positive Risk Tone

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the Asian session on Tuesday amid a positive risk tone by the investors, after reports the U.S. is considering pausing the 25 percent tariffs on auto imports and decided to exempt certain consumer electronics from its so-called reciprocal tariffs.

RTTNews | 5 दिनों पहले

NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | 5 दिनों पहले

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