
The Australian versus the New Zealand dollar currency pair seems to have entered a consolidative phase. Are the bears going to attempt a shift in the market direction?
The Australian versus the New Zealand dollar currency pair seems to have entered a consolidative phase. Are the bears going to attempt a shift in the market direction?
The Australian versus the New Zealand dollar currency pair printed a rally that might be just too tempting for the bears. Or isn’t it so?
The New Zealand dollar did not move far today, paying little heed to domestic macroeconomic data released overnight. The start of the week is expected to be a slow one due to few notable events or macroeconomic releases scheduled for the first two days.
The New Zealand dollar rose intraday despite an unexpected decline in the country’s economy. By the time of writing, though, the currency trimmed its gains, losing them outright against some of the rivals.
The New Zealand dollar has been trading largely flat today, though it registered losses against some of its major rivals, including the US dollar. The likely reason for low volatility on the Forex market was today’s monetary policy announcement from the Federal Reserve as traders are often reluctant to involve themselves in markets ahead of big events.
The Australian versus the New Zealand dollar currency pair seems to be determined to disallow the bears to further go about their plans.
The New Zealand dollar was soft today, even though the market sentiment seemed to be positive for riskier commodity-related currencies. Somewhat negative domestic macroeconomic data might have contributed to the weakness of the New Zealand currency.
The Australian versus the New Zealand dollar currency pair seems to be rotated by the bulls. Is this really so?
The Australian versus the New Zealand dollar currency pair seems to have been taken by from the bearish hands. Will the bulls be able to maintain the momentum?
The Australian versus the New Zealand dollar currency pair seems to be in a spot to the bearish liking. Are the bulls taking a pause?