NZD/USD bulls in the market and eye a firm correction NZDUSD DollarIndex Currencies Fed RBNZ
Bears are lurking in the Fibonacci scale below 0.6320.
The Kiwi has picked up a touch off yesterday’s lows, reflecting a combination of a weaker USD, and market chatter about the possibility of the OCR perhaps needing to climb to 6% given the migration boom.,´´ analysts at ANZ Bank explained.
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.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bentley Speed Edition 12 Honors W-12 Engine as End of Production NearsThe special-edition Bentayga, Continental GT, and Flying Spur have unique paint, quilted leather seats, and badges galore that signify their rarity.
Read more »
NZD/USD Price Analysis: Further recovery hinges on 0.6230-35 breakoutNZD/USD pares the biggest weekly gain since late January as it picks up bids to refresh its intraday high near 0.6220 heading into Monday’s European s
Read more »
NZD/USD holds above 0.6200 mark, modest USD weakness remains supportiveThe NZD/USD pair attracts some buyers on the first day of a new week and for now, seems to have stalled last week's sharp retracement slide from the 0
Read more »
Pac-12 mailbag: Renewing with ESPN and Fox(?), the Four Corners factor and selection windowsJon Wilner's Pac-12 Hotline mailbag: Is it possible ASU stays in the Pac-12 if Arizona bolts for the Big 12?
Read more »
Tucsonan Halle Morris blasts 2-run homer to help Utah win 1st Pac-12 Tournament titleTucson's Halle Morris hit a key two-run homer, and Utah won the first Pac-12 Softball Tournament championship by upsetting No. 1 seed UCLA 7-4 Saturday night at Hillenbrand Stadium.
Read more »