$NZDUSD Solid Move Higher Comes After a Large Stumble Lower
of June, the stronger-than-anticipated growth numbers and stubborn inflation reading generated a strong move lower
. While the NZD/USD has reversed higher since Thursday’s depths, price action has also taken place on a rather muted volume within Forex. The U.S. was on a long holiday weekend in many respects, because Independence Day fell on Tuesday which meant many U.S.
Traders who are participating in the NZD/USD today should monitor the 0.62000 level carefully to see if this mark can sustain the values above.. Traders should not get overly ambitious today and be suspicious of stronger price velocity potentially developing as full Forex volumes are produced. The U.S. will produce critical economic data later today and tomorrow and this is another reason why caution is strongly advised in the coming day and a half of trading.
Last week’s better-than-anticipated GDP results in the U.S. showed American consumers remain active, and if the Services Purchasing Managers Index reading is better today, this could give another round of ammunition for the Fed to raise interest rates on the 26Tomorrow the Non-Farm Employment Change numbers will be published, along with the Average Hourly Earnings figures from the U.S and these reports will stir the NZD/USD too.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Beyoncé Move, Move, Move, Moves Three Renaissance Tour DatesCanceling her Pittsburgh show and delaying shows in Seattle and Kansas City.
Leer más »
NZD/USD Price Analysis: Previous resistance line, EMA confluence prod Kiwi bears below 0.6200NZD/USD Price Analysis: Previous resistance line, EMA confluence prod Kiwi bears below 0.6200 – by anilpanchal7 NZDUSD Technical Analysis ChartPatterns SwingTrading SupportResistance
Leer más »
NZD/USD oscillates around 0.6200 as investors await FOMC minutes for further guidanceThe NZD/USD pair is demonstrating topsy-turvy moves near the round-level resistance of 0.6200 in the London session. The Kiwi asset has turned sideway
Leer más »
NZD/USD turns south after FOMC minutesOn Wednesday, the Kiwi failed to hold gains that took the NZD/USD pair above the 100-day Simple Moving Average (SMA) and turned south towards 0.6180.
Leer más »
NZD/USD: Further gains likely above 0.6250 – UOBNZD/USD is expected to extend the upside on a breakout of the 0.6250 level, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang a
Leer más »
NZD/USD refreshes two-week high above 0.6200 as US Dollar extends downside, US NFP eyedThe NZD/USD pair has printed a fresh two-week high at 0.6215 in the London session. The Kiwi asset has picked significant strength amid sheer weakness
Leer más »