- Analytics
- News and Tools
- Market News
- NZD/USD to continue surfing the tide of global news above 0.68 – ANZ
NZD/USD to continue surfing the tide of global news above 0.68 – ANZ
FXStreet reports that according to the ANZ bank, the Reserve Bank of New Zealand (RBNZ) meeting on Wednesday will be a test but it may not be enough to push against the tide of global news.
“The USD finally found its feet as global yields broke higher on positive vaccine news. But NZD outperformed as the surge in equities buoyed risk currencies, breaking through key resistance at 0.68, but struggling to push much higher on the countervailing USD bounce.”
“NZD strength has been bulletproof of late on global news, but a test lies ahead, with the MPS expected to bring more stimulus, along with a likely reminder the RBNZ has more tricks up its sleeve.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
