Risk aversion dominates in the financial markets as the resurgent of coronavirus cases may slow global growth. Thus, safe-haven currencies are rising such as the CHF, the JPY, the USD, and riskier assets and commodity-linked currencies (the CAD and the AUD) are weakening.
Tag - nzd - new zealand dollar
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Oil has surged as OPEC+ members failed to make a deal. EUR/USD, NZD/USD, and gold are edging higher. Watch the video to learn more!
NZD/USD has returned above the 50-week MA at 0…
The Reserve Bank of New Zealand will conduct a meeting on May 26, at 05:00 MT time.
While China is trying to cool off commodity markets and the US is tapering inflation, some stocks will see their earnings reports on Wednesday, and the NZD will have its interest rate released. Tune in!
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The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
Weekly market update on the USD, the GBP, and the stocks
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?