NZD/USD bounces off intraday low to near 0.6250 on New Zealand’s no-frills budget – by anilpanchal7 NZDUSD RiskAversion FiscalPolicy Fed Currencies
intraday low. The reason could be linked to the US Dollar’s latest grinding towards the north, after refreshing the multi-day high the previous day.
However, the US policymakers’ ability to convince the markets that they can avoid the ‘catastrophic’ default joined upbeat US data and hawkish Fed talks to favor the US Dollar of late. Talking about the data, US Housing Starts came out as unimpressive with 1.401M figures for April versus 1.4M expected and 1.371M prior . Alternatively, the Building Permits for the said month eased to 1.416M from 1.437M edited previous readings and market forecasts. Before that, upbeat US Retail Sales and Industrial Production details for April allowed the Federal Reserve officials to remain hawkish and prod the risk-on mood.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
NZD/USD slips sharply below 0.6250 as China’s Retail Sales miss estimatesThe NZD/USD pair has dropped below 0.6250 as the National Bureau of Statistics of China has reported weaker-than-anticipated annual Retail Sales (Apri
Weiterlesen »
NZD/USD bulls under pressure below 0.6250NZD/USD is down by some 0.16% as the forex markets head towards a close on Tuesday. The pair traveled from a high of 0.6259 and made a low of 0.6223.
Weiterlesen »
NZD/USD rebounds sharply above 0.6240 as USD Index turns subduedThe NZD/USD pair has displayed a solid recovery after building a base above 0.6220 in the Tokyo session. The Kiwi asset has gained some traction as th
Weiterlesen »
NZD/USD stays defensive above 0.6200 amid firmer US Dollar, mixed sentiment ahead of NZ BudgetNZD/USD stays defensive above 0.6200 amid firmer US Dollar, mixed sentiment ahead of NZ Budget – by anilpanchal7 NZDUSD RiskAversion FiscalPolicy Fed Currencies
Weiterlesen »
NZD/USD sticks to modest intraday gains, remains below 200 DMA hurdle near mid-0.6200sNZD/USD sticks to modest intraday gains, remains below 200 DMA hurdle near mid-0.6200s – by hareshmenghani NZDUSD Fed RiskAppetite RBNZ Currencies
Weiterlesen »
NZD/USD rally capped by strengthening US Dollar, housing market recoveryNZD/USD holds to its earlier gains but retraces after piercing the 200-day Exponential Moving Average (EMA) at 0.6256, as data from the United States
Weiterlesen »