NZD/USD trades higher near 0.5930 during the Asian session on Thursday, rebounding from the weekly lows as the US Dollar took a breather.
NZD/USD trades higher as the US Dollar takes a breather. Downbeat China’s CPI had no impact on the Kiwi pair.
’s inflation report contributed to pressure on the NZD. Moreover, China's mixed data had a neutral impact on the Kiwi Dollar . Chinese Consumer Price Index recorded a yearly decline of 0.2% in October, slightly exceeding the expected drop of 0.1%. Meanwhile, the Producer Price Index experienced a decrease of 2.6%, performing slightly better than the anticipated 2.7% decline. The Kiwi pair experiences pressure as the potential for a pessimistic global economic outlook looms large.
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 refreshes daily low, around 0.5915 amid modest USD strength and softer risk toneThe NZD/USD pair extends the previous day's rejection slide from the 0.6000 psychological mark, or a near four-week high and remains under heavy selling pressure for the second straight day on Tuesday.
Read more »
NZD/USD declined as the US Dollar revives, mixed Chinese dataThe NZD/USD saw downward movements in Tuesday's session, declining to 0.5930 with a daily loss of 0.50%.
Read more »
NZD/USD Price Analysis: Tumbles to three-day losses, below the 50-DMANZD/USD dives to a three-day low of 0.5906 below the 50-day moving average (DMA) at 0.5913, despite the Greenback (USD) trading unchanged as shown by the US Dollar Index (DXY), while US Treasury bond yields drop for the second consecutive day.
Read more »
EUR/USD consolidates around 1.0700 without a clear directionThe EUR/USD hovers around 1.0710 during the Asian session on Thursday.
Read more »
NZD/USD hangs near weekly low, 0.5900 remains in sight ahead of Fed Chair Powell’s speechThe NZD/USD pair struggles to capitalize on the overnight late rebound from the 0.5910 area, or the weekly low and remains on the defensive through the Asian session on Wednesday.
Read more »
Sports on TV for Thursday, November 9(All times Eastern) Schedule subject to change and/or blackouts Thursday, November 9 9 p.m.
Read more »