NZD/USD is at risk of falling back below 0.60 before year-end – ING NZDUSD RBNZ Banks
Any post-meeting NZD moves to be short-lived
“A half-point hike would likely be seen as a dovish surprise by markets at this point, but a significant revision higher in rate projections could mitigate any negative impact on the New Zealand Dollar. Either way, expect any post-meeting NZD moves to be short-lived, as global risk dynamics and China news will soon be back in the driver’s seat for the currency.”
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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 beaten back to below 0.6100 on paring of risk appetiteNZD/USD is pressured at the start of this week due to a stronger US dollar that is bouncing back from a number of red days following a period of accum
Read more »
NZD/USD marches past 0.6100 amid US Dollar pullback, RBNZ, Fed Minutes eyedNZD/USD refreshes intraday high around 0.6125 as it pares the biggest daily loss in a fortnight during early Wednesday. In doing so, the Kiwi pair ign
Read more »
NZD/USD Price Analysis: Pullback from 21-EMA probes bullish channel formation, 0.6090 eyedNZD/USD Price Analysis: Pullback from 21-EMA probes bullish channel formation, 0.6090 eyed – by anilpanchal7 NZDUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »
NZD/USD sticks to modest intraday gains, holds above 0.6100 amid softer USDThe NZD/USD pair attracts some dip-buying on Tuesday and reverses a part of the previous day's losses to sub-0.6100 levels. The pair sticks to its mod
Read more »
GBPUSD could drift back to the 1.1700/1710 area this week – INGAfter a wild ride since the late summer, Sterling could now begin to take less of the limelight. GBPUSD could move back lower to the 1.1700/10 area th
Read more »
USD Index to consolidate between a 107.00-107.50 range – INGThe Dollar is continuing to crawl higher after its sharp sell-off earlier this month. Economists at ING expect USD Index (DXY) to trade a 107.00-107.5
Read more »