The technical outlook for the Pound vs. the New Zealand Dollar is now bearish, ever since the break below the 1.87 level confirmed the start of a new short-term downtrend.
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The Kiwi Dollar surged against rivals Wednesday after the Reserve Bank of New Zealand (RBNZ) hinted it is not yet ready to entertain the idea of an interest rate cut, taking markets by surprise bar…
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The Kiwi Dollar will underperform rivals this week as the Reserve Bank of New Zealand attempts to out-dove its Australian sister with new economic forecasts and fresh guidance on the interest…
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The strong surge after the pair found support suggests the possibility an uptrend is developing, although, a break above the 1.9426 highs would be required for confirmation and to suggest a continu…
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The New Zealand Dollar retreated from 2019 highs Thursday after official data showed cracks opening up in the Kiwi labour market during the final quarter, encouraging speculation the Reserve Bank o…
Read more … →From a technical perspective the immediate outlook is probably marginally bearish after the big sell-off last week flipped the short-term trend.
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The New Zealand Dollar held its own against a recovering U.S. Dollar Friday as the Kiwi currency was supported by an upgrade to the government's credit rating outlook, which may have eased investor…
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