NZD/USD capitalizing on softer Greenback, pushing into 0.5850

United States News News

NZD/USD capitalizing on softer Greenback, pushing into 0.5850
United States Latest News,United States Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

The NZD/USD is seeing its best trading day in a month, climbing from an eleven-month low into 0.

The NZD/USD is seeing a rebound amidst a broad-market US Dollar selloff. Market risk appetite saw a resurgence on Monday. Early Tuesday sees China data, which could bolster Antipodeans. 5850 for Monday. Late Tuesday sees New Zealand unemployment rate, followed by a speech from Reserve Bank of New Zealand Governor Adrian Orr.

6050, with prices continuing to decline against the 50-day Simple Moving Average currently declining towards 0.5900. Long-term, the 200-day SMA is turning increasingly bearish, accelerating into chart territory south of 0.6150, and a downside continuation for the Kiwi will see the pair setting new lows for the year and testing bids not seen since October of 2022. NZD/USD Daily Chart NZD/USD Technical Levels NZD/USD Overview Today last price 0.5845 Today Daily Change 0.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NZD/USD gains ground near 0.5820 after recent lossesNZD/USD gains ground near 0.5820 after recent lossesNZD/USD recovers the recent losses, trading near 0.5820 during the Asian session on Monday. The NZD/USD pair gains ground, benefiting from a relativel
Read more »

NZD/USD holds onto gains above 0.5800 ahead of Fed policyNZD/USD holds onto gains above 0.5800 ahead of Fed policyThe NZD/USD pair clings to gains after a significant recovery from 11-month low around 0.5770. The Kiwi asset oscillates above 0.5800 as the focus shi
Read more »

USD Index appears side-lined around 106.60, focus is on Fed, NFPUSD Index appears side-lined around 106.60, focus is on Fed, NFPThe USD Index (DXY), which tracks the greenback vs. a bundle of its main competitors, extends the consolidative mood around the 106.60 at the beginnin
Read more »

Gas Prices Hit Seven-Month Low And Could Keep Dropping: Here’s Where Gas Is CheapestGas Prices Hit Seven-Month Low And Could Keep Dropping: Here’s Where Gas Is CheapestI am a Boston-based reporter. Before joining Forbes, I covered the environment, local government and the arts for a small-town newspaper on Nantucket. My previous work includes NPR, WBUR, WCAI and Nantucket Today. I am a graduate of the University of Massachusetts, Amherst, with a degree in political science. Email me at bbushardforbes.
Read more »

Daniel Radcliffe Is 'in Awe' of His 'Incredible' Six-Month-Old SonDaniel Radcliffe Is 'in Awe' of His 'Incredible' Six-Month-Old SonThe 'Harry Potter' actor also admitted now that he has a child with his longtime girlfriend Erin Darke, he may start working less.
Read more »

SpaceX wants to launch 12 flights a month in 2024SpaceX wants to launch 12 flights a month in 2024SpaceX will aim for 12 flights a month in 2024 as the company works to expand Starlink's satellite-to-cell service.
Read more »



Render Time: 2025-02-22 16:00:07