NZD/CAD — News Archive

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NZ Dollar Weakest After RBNZ Expands QE Program, Talks About Negative Interest Rates

The New Zealand dollar was the weakest currency on the Forex market today, sinking after the monetary policy announcement from the Reserve Bank of New Zealand. While the central bank kept its benchmark Official Cash Rate (OCR) unchanged, it almost doubled the scale of the quantitative easing program.

Could NZD/CAD Fall Again from 0.8616?

The New Zealand dollar versus the Canadian dollar currency pair sits just above the neckline level of the head & shoulders that started the year and fueled the strong depreciation that followed. Might it happen again?

New Zealand Dollar Mixed amid Negative Sentiment, Conflicting Economic Reports

The New Zealand dollar was mixed today, managing to gain on some major currencies, even as the market sentiment remained unfavorable to riskier currencies linked to commodities. Domestic macroeconomic data was not helpful, failing to provide a clear picture of New Zealand’s economy. One of the reports released over Thursday’s session beat expectations while the other one was not good.

Lift-Off on NZD/CAD from 0.8344: Go or No Go?

The New Zealand dollar versus the Canadian dollar currency pair is revisiting a very important support area. Will the bears succeed this time?

NZD/CAD Made It to 0.8514. Where Now?

The New Zealand dollar versus the Canadian dollar currency pair reached the 0.8514 level. Is this only a met target or is the depreciation about to continue?

NZD/CAD Continues Towards 0.8514

The New Zealand dollar versus the Canadian dollar currency made its first step towards what may very well be the first target, 0.8540 respectively.

NZD/CAD May Now Be Heading for 0.8514

The New Zealand dollar versus the Canadian dollar currency pair surprised the market by turning around. Is there any chance of a comeback?

Will NZD/CAD Correct on Its Way to 0.8915?

The New Zealand dollar versus the Canadian dollar currency pair managed to conquer the 0.8692 level. The continuation towards 0.8915 might come after a corrective phase.

NZD/CAD May Have the Path to 0.8915 Open

The New Zealand dollar versus the Canadian dollar currency pair appreciated, piercing the 0.8692 resistance. Will the bulls be able to sustain the gains?

NZ Dollar Soft After Economic Reports, News Headlines

The New Zealand dollar was trading lower for the most part today, though it was attempting to rise against few rivals. The market sentiment was torn between risk aversion and risk appetite due to conflicting reports about chances for a trade deal between the United States and China. New Zealand’s macroeconomic reports were neither bad nor good enough to drive the kiwi in any particular direction.

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