Page 3 - Nzdusd News Today

The NZD/USD pair attracts some dip-buying during the Asian session on Wednesday and might now be looking to build on the overnight recovery move from levels just below mid-0.5900s, or the YTD low.

The New Zealand Dollar (NZD) edges lower in its most heavily-traded pairs on Wednesday following the trend of the previous weeks as bearish fundamentals, including an overall negative outlook for growth, continue to weigh.

The NZDUSD pair continues to print new lows with the sellers eyeing the 0.5870 support zone. What’s next?

NZD/USD is falling in a bearish three-wave pattern, known as a Measured Move.

NZD/USD extends its gains for the second consecutive session on Monday, edging higher to near 0.5980 during the Asian trading hours.

The NZD/USD pair comes under heavy selling pressure on Thursday and continues losing ground through the first half of the European session.

The NZDUSD pair breaks the key support zone and extends the drop into new lows. What’s next?

NZD/USD continues its losing streak for the third successive session as the US Dollar (USD) falls on the dovish sentiment surrounding the Federal Reserve's stance on the trajectory of interest rates, with market sentiment leaning towards the Fed initiating interest rate cuts starting in June.

The NZD/USD pair extends recovery to 0.6160 in Wednesday’s early European session.

The New Zealand Dollar trades lower against the US Dollar on Tuesday after the release of US Consumer Price Index (CPI) data for February shows inflationary pressures in the American economy remain stubbornly high.