- Analytics
- News and Tools
- Market News
- NZD/USD: All eyes are on the 0.6200 level amid sluggish price action – ANZ
NZD/USD: All eyes are on the 0.6200 level amid sluggish price action – ANZ
NZD/USD is right on key support at 0.62. Economists at ANZ Bank discuss Kiwi outlook.
Tight labour markets and sticky inflation remain the key themes
“Tight labour markets and sticky inflation remain the key themes. Of course, NZ is in that situation too, and alongside the USD, is on track to continue to top global league tables on the bond yield front. That, alongside an expected boost in economic activity post the cyclone has potential to offset what many fear is a fresh wave of USD strength.”
“But right here, right now, all eyes are on the 0.6200 level amid sluggish price action.”
“Support 0.5900/0.6090/0.6200 Resistance 0.6540/0.6675”
© 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
