Thursday, November 21, 2024
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NZDUSD Technical Analysis

NZDUSD Bear Market Prevails as RBNZ Rate Cut Expectations

On Thursday, the New Zealand dollar remained weak, trading around $0.586 against the Greenback. Investors anticipate that the Reserve Bank of New Zealand (RBNZ)...

NZDUSD Stalls as RBNZ Rate Cuts Loom

The New Zealand dollar remained steady around $0.588, benefiting from a pause in the U.S. dollar's rally. However, the Kiwi is facing pressure due...
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NZDUSD Dips Despite Strong Economic Data

FxNews—The NZD/USD pair slipped below the August 5 low at $0.585, even though the country's economic data was better...

Fed Rate Cut Looms as NZDUSD Tests Critical Support

FxNews—The NZD/USD trades bearishly. In today's trading session, it tested the August 5 low ($0.585). As of this writing,...

NZDUSD Tests $0.591 as NZ Central Bank Plans Rate Cut

On Wednesday, the New Zealand dollar traded around $0.592, nearing its lowest point since early August. This decline is...

Sellers May Drive NZDUSD Below $0.595 Soon

FxNews—The New Zealand dollar trades bearishly against the Greenback at approximately $0.596, below the 100-period simple moving average. As...

NZDUSD Dips Below $0.596 Amid Strong Bearish Signals

FxNews—On Thursday, New Zealand's main stock index, the S&P/NZX 50, dropped by 0.4% and closed at 12,639 points. This...

NZDUSD Nears Key Fibonacci Level as NZDX50 Stabilizes

FxNews—The S&P/NZX 50 index in New Zealand showed minimal changes, ending at 12,783 this Tuesday after a public holiday....