AUD/NZD — News Archive

The Australian versus New Zealand dollar currency pair retraced until the 1.0707 level. Are the bulls able to pull off another rise?

The New Zealand dollar was mixed today, though it largely did not go far from the opening level against its major rivals. The notable exceptions were the Great Britain pound and the Australian dollar, with the former demonstrating a decent gain and the latter showing a decline versus the kiwi.

The Australian dollar was weak today, falling against all most-traded rivals, even commodity currencies. Market analysts listed the following reasons for the decline: risk aversion on markets due to concerns that US politicians may fail to agree on a coronavirus relief package ahead of the presidential election, unfavorable Australian employment data, and comments from the Australian central bank’s chief that boosted bets on additional monetary easing.

The Australian versus the New Zealand dollar currency pair made a surprise shift in direction. Is this only a temporary development?

The Australian versus the New Zealand dollar currency pair seems to be willing to go towards the north. Do the bulls have the power to do so?

The Australian versus the New Zealand dollar currency pair seems to be unwilling to go any lower. It’s the bulls behind all this, or a new depreciation is just around the corner?

The New Zealand dollar together with its Australian counterpart remained the weakest among most-traded currencies on the Forex market during today’s trading. The reason for such a poor performance was the outlook for monetary easing from the central banks of New Zealand and Australia.

The Australian versus the New Zealand dollar currency pair slipped under the ascending trendline. Is this the end of the bullish dominance?

The Australian dollar was one of the weakest currencies on the Forex market during Wednesday’s trading. The Aussie fell even against its New Zealand counterpart, which itself was extremely soft, though by now the AUD/USD pair has almost erased its losses. Market analysts thought that the main reason for the currency’s weakness was the outlook for an interest rate cut in the near future.

The Australian dollar was stable today, staying flat against most other currencies, though fell versus the Japanese yen, which managed to recover from the earlier losses to trade as one of the strongest currencies on the Forex market on Friday. The Aussie fell against the New Zealand dollar too as it was also among the strongest, rising to the highest level in a year and a half.