Tag - nzd - new zealand dollar

The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.

Time to case-test a triangle chart formation with NZD/USD

This currency pair is now between the two MAs at the key resistance level - will it break it?

After the words of Fed Chair Jerome Powell, the market has got confidence.

Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.

The Reserve bank of New Zealand holds a meeting on Wednesday at 3:00 MT time.

Will we see new dovish insights?

On Wednesday, February 24, at 03:00 MT time, RBNZ will provide the Rate Statement and Press Conference.

The New Zealand dollar has been really strong lately. Will it beat the multiyear highs?

The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.

The dovish Fed and the weak US inflation data pressed the dollar down. Meanwhile, the earnings season goes on. Today PepsiCo and Disney will publish their earnings reports.

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