The kiwi is getting crushed. On Wednesday, the Reserve Bank of New Zealand ... In its statement, the RBNZ also said: "While the New Zealand dollar has eased recently, we believe the exchange rate remains unjustified in terms of …
They cited the New Zealand Dollar trade-weighted exchange rate is more than 4% higher than projected in December. In subsequent meeting in April 28, RBNZ decided to stay put with the OCR (Official Cash Rate) but RBNZ Governor …
NZD/USD’s latest reversal pattern may see another limited response from traders as the pair struggles to meaningfully lift from the 0.7730 floor. A daily close below the nearby barrier would set the scene for a descent on the 2012 low near …
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader and see ideas on other USD crosses -“NZDUSD traded to the 61.8% retracement of its 3 year range today (.7929) and the next level of interest …