Tag - nzd - new zealand dollar

Flipping the page to open a new week. What are the major events planned for these days in Forex?

NZD/USD has met the resistance of the 200-day MA earlier this week (0.6500) and closed below the 100-day MA (0.6460) on Thursday.

China reported it is ready to cut the trade-war tariffs imposed on some goods imported from the US by 50%. Let's check whether market sentiment improved.

On Thursday, February 6, Australian monthly retail sales will be announced at 02:30 MT time. Can you trade that?

Check the levels for AUD/USD, NZD/USD, EUR/USD, and GBP/USD.

New Zealand jobs data is out today at 23:45 MT time. Check how you can benefit from this release in your trade.

Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.

Last week EUR/NZD made a triumphant comeback to the upside. The pair rose above the 50- and 100-week MAs in the 1.7000/7025.

As coronavirus fears increase, the markets are cautious. Plus, don't forget about the potential surprise from the RBA and the NFP on Friday

The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.

The Fed Meeting will determine the strength of the USD today.

American Durable Goods Orders level is the most important event of the day, Check levels for USD/JPY, USD/CAD, GBP/USD, and NZD/USD…