- New Zealand Trade Deficit of NZD1.125B Would Mark Largest Shortfall Since August 2013. - Exports to Slow to NZD 3.20B- Lowest Since September 2010. Trading the News: New Zealand Trade Balance A marked expansion in New Zealand’s trade deficit may spark fresh monthly lows in the NZD/USD as it dampens the outlook for growth and inflation. What’s Expected (MQ Metatrader 5 time as GMT+2): Why ...
- RBNZ Expected to Retain Current Policy Amid Period of ‘Interest Rate Stability’. - Will RBNZ Governor Graeme Wheeler Remove the Verbal Intervention on Kiwi? Trading the News: Reserve Bank of New Zealand (RBNZ) Rate Decision According to a Bloomberg News survey, all of the 13 economist polled see the Reserve Bank of New Zealand (RBNZ) keeping the interest rate on hold at 3.50%, but the fresh batch of central bank rhetoric may produce increased volatility in the NZD/USD ...
Talking Points NZDUSD is Current Range BoundR3 Support Sits at .8295Market Breakouts Signaled Under .8274 NZDUSD 30min Chart The NZDUSD starts the week supported going into the US session open. Currently price resides at range support, near the S3 camarilla pivot found at .8295. In the event price remains supported for the session, ...
Talking Points NZD/USD Technical Strategy: Sidelines PreferredHanging Man hints at a reversal to support at 0.8700Awaiting close of candle on four hour chart to offer signal NZD/USD could be primed for a further pullback following the emergence of a Hanging Man pattern on the daily. A push below support at 0.8700 would be seen as a bearish signal and pave the way for a retreat to 0.8500. NZD/USD: Hanging Man Offers Bearish Signal Near Key Resistance ...
NZDUSD - Sell The Rumour, Buy The Fact? I expect sideways trading until the rate decision and for 25bps will be added to bring rates to 3.25% This should see NZDUSD break up through 0.852 and target 0.864 and eventually 0.87 highs Fundamentally still strong, I do not expect 'jaw-boning' from RBNZ and for NZDUSD to become bullish after ThursdayTalk of intervention to bring down NZD would have more bearish impact upon NZD than not raising rates0.840 is a pivotal ...