FX_IDC:USDNZD   U.S. Dollar / New Zealand Dollar
While all euro             pairs are waiting for the ECB meeting on Thursday, which will unlikely impress the EUR, the Antipodes are losing their positions. The strongest pair for today seems to be EUR/USD             , but the bulls are still favouring the USD. Yet there is still some kind of nervousness since the markets are waiting for the announcement of a new Fed Chief this week.
The US dollar             has some room to take revenge. The New Zelanian prime-minister (still designate though) did exactly what she was supposed to: she called for the reforms on the Central Bank and announced plans to cut immigration.
Most of all, the new Kiwi government is set to ban the foreign purchases of New Zealand property. Pity. The drop in capital inflows can’t be any good for a small island country. The Kiwi slumped to almost 6-months lows area at 0.6910 and is nearing the 0.6900 round level.
What shall we expect from the RBNZ’s monetary policy after the reforms? Apparently, more easing measures. The bears’ firmness may lead NZD/USD             to the May’s support line at 0.6860-85. The next target is the May,11 support area at 0.6817.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out