
Performa ekonomi Tiongkok saat ini mengkhawatirkan sentimen global. Sebagai salah satu konsumen minyak terbesar dunia, dengan menurunnya permintaan dari Tiongkok dapat dipastikan akan terjadi penurunan harga minyak mentah secara luas.
Diperbarui • 2021-10-11
The risk-sensitive New Zealand Dollar weakened overnight as global concerns over the highly transmissible Delta Covid variant weighed on sentiment. The US Dollar is also weighing on NZD as rate hike bets rise following last week’s NFP report. Moreover, Goldman Sachs downgraded its growth forecast for China. Analysts at the bank see Covid-induced lockdowns and social distancing measures dragging on spending and consumption.
Foreign exchange markets are presently focused on central bank interest rate normalization, favoring the currencies belonging to those central banks which will lead the pack. July 14, 2021, RBNZ (Reserve Bank of New Zealand) said it will reduce monetary stimulus by ceasing quantitative easing. It was the first sign of a future interest-rate increase. Shortly after, New Zealand’s unemployment rate was released, with actual results being less-than-expected by as much as 0.4% (4% vs. 4.4%, this is a good sign to an overall economic situation).
The labor market report is the latest sign that the economy is growing faster than its capacity, and that the Reserve Bank could start to raise the official cash rate to keep a lid on price pressures. Annual inflation surged to 3.3% in the second quarter, breaching the central bank’s 1-3% target range.
If RBNZ continues normalizing interest rates by raising them, we would expect strong fundamental support for the New Zealand Dollar. August 18, RBNZ will release several essential market reports. Among them are the Official Cash Rate, RBNZ Monetary Policy Statement, and Rate Statement. Considering the facts given, we’re expecting rate hikes as well as NZD strengthening against other currencies.
However, while the Chinese economy is vital to global growth and capital markets, New Zealand is particularly susceptible due to its economic and trade proximity. Covid related risks are also present, although the market participants ignored Delta's initial spread. Make sure to check our Economic Calendar regularly!
Looking at the NZD/USD live chart we can see a support line at 0.690 and we have a resistance between 0.705 and 0.710, where the “death cross” bearish pattern has emerged.
Considering the newfound pessimism for the economic outlook in China, the New Zealand Dollar may remain capped near current levels. Still, NZD bulls may be able to take advantage of the situation. The Australian Dollar typically displays a higher correlation with China’s economy, which can open the door for AUD/NZD to underperform.
Currently, AUD/NZD pair has a support line at 1.04594 and resistance at 1.10595, right at 38.2 Fibonacci retracement level.
Performa ekonomi Tiongkok saat ini mengkhawatirkan sentimen global. Sebagai salah satu konsumen minyak terbesar dunia, dengan menurunnya permintaan dari Tiongkok dapat dipastikan akan terjadi penurunan harga minyak mentah secara luas.
Dua tahun terakhir mencatat perubahan terbesar minyak dalam 14 tahun terakhir, yang telah membingungkan pasar, investor, dan trader karena masalah geopolitik dan pergeseran menuju energi terbarukan.
Setelah berbulan-bulan tekanan dari Gedung Putih, Arab Saudi mengalah dan setuju dengan anggota OPEC+ lainnya untuk meningkatkan produksi.
Yen Jepang gagal memikat para investor pada perdagangan Selasa (02/04/2024) meski ada peluang atas kemungkinan intervensi dan..Sentimen penghindaran risiko masih berpotensi memberikan kekuatan pada safe-haven
XAUUSD naik ke rekor tertinggi baru pada perdagangan Senin (01/04/2024), di tengah meningkatnya spekulasi penurunan suku bunga..melanjutkan kenaikan kuat minggu lalu hingga membentuk level puncak baru sepanjang masa
Pasar saham Asia sebagian masih libur dan sebagian lagi menguat pada perdagangan Senin (01/04/2024), karena optimisme data pabrikan Tiongkok mendukung..potensi intervensi otoritas Jepang terhadap yen Jepang diperkirakan berada di zona 152 – 155 yen.
FBS menyimpan catatan data Anda untuk menjalankan website ini. Dengan menekan tombol "Setuju", Anda menyetujui kebijakan Privasi kami.
Permintaan Anda diterima.
Manajer kami akan menghubungi Anda
Permintaan panggilan balik berikutnya untuk nomor telepon ini
akan tersedia setelah
Jika Anda memiliki masalah mendesak, silakan hubungi kami melalui
Live chat
Internal error. Silahkan coba lagi
Jangan buang waktu Anda – tetap awasi dampak NFP terhadap dolar dan raup profitnya!