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NZD
NZD
17
Mar

NZD/USD seems vulnerable around mid-0.5800s; below 200-day SMA

The NZD/USD pair meets with a fresh supply during the Asian session on Tuesday and erodes a part of the previous day’s solid recovery from the vicinity of a one-month low, touched last week. Spot prices currently trade just below mid-0.5800s and seem vulnerable while below a technically significant 200-day Simple Moving Average (SMA). Investors […]

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08
Mar

NZD/USD Price Forecast: Hold above 200-day SMA, Kiwi approaches 0.5900

The New Zealand Dollar erases some of its earlier losses, remains above the 200-day Simple Moving Average (SMA) of 0.5874, seems poised to finish Friday’s session virtually unchanged. At the time of writing, the NZD/USD hovers below the 0.5900 figure, which if broken, clears the path to retest weekly highs. NZD/USD Price Forecast: Technical outlook […]

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02
Feb

New Zealand Dollar Extends Pullback

The New Zealand dollar edged lower to around $0.602, extending its pullback from a seven-month high in the previous session, as the US dollar regained strength. The greenback rebounded after President Donald Trump nominated Kevin Warsh as Fed chair, a move markets view as hawkish and less supportive of aggressive rate cuts. Meanwhile, investors continued […]

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28
Jan

New Zealand Dollar Hovers Near 6-Month High

The New Zealand dollar fell to around $0.601 on Wednesday but remained near a six-month high, amid expectations of tighter monetary policy. Data last week showed fourth-quarter consumer inflation rose more than expected and was above the Reserve Bank’s target range, reinforcing the view that interest rates may need to move higher later this year. […]

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19
Jan

New Zealand Dollar Extends Gains

The New Zealand dollar rose to around $0.578, extending gains from the previous session, as a pullback in the US dollar provided support. The greenback weakened after renewed US tariff threats against several European countries, allowing the kiwi to advance despite lingering global trade uncertainty. Meanwhile, investors continued to assess the potential timing of rate […]

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05
Jan

Kiwi Dollar Near Two-Week Low

The New Zealand dollar weakened to around $0.576, hovering near a two-week low, as investors assessed the Reserve Bank of New Zealand’s policy outlook. The central bank has signalled that its easing cycle likely ended last year after delivering a cumulative 225 basis points of rate cuts, while also pushing back against expectations of a […]

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02
Jan

NZD/USD rebounds above 0.5750 as traders expect more Fed rate cuts

NZD/USD halts its five-day losing streak, trading around 0.5760 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) loses ground over expectations of two more Federal Reserve rate cuts in 2026. Markets are bracing for US President Donald Trump to nominate a new Fed chair to replace Jerome Powell when his term […]

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29
Dec

NZD/USD remains below 0.5850 as US Dollar recovers losses

NZD/USD remains subdued for the third successive session, trading around 0.5830 during the Asian hours on Monday. The pair edges lower as the US Dollar (USD) recovers daily losses on technical grounds. However, the downside of the pair could be restrained as the US Dollar (USD) could struggle amid the ongoing likelihood of two more […]

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15
Dec

New Zealand Dollar Retreats

The New Zealand dollar fell to around $0.578, retreating from a more than two-month high, after the Reserve Bank signaled it is likely to keep the official cash rate unchanged for some time. Governor Anna Breman said this outlook assumes economic conditions evolve as expected. She added that the forward path published in the November […]

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11
Dec

New Zealand Dollar Hovers Near 2-Month High

The New Zealand dollar slipped to $0.579 but stayed close to a two-month high, amid expectations that the Reserve Bank of New Zealand’s easing cycle may be over. While the central bank cut its cash rate by 25bps last month, its updated projections suggested limited scope for further easing, implying only about a 20% probability […]

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