Inflation Jumps to 20-Year High in New Zealand
Inflation increased to 7.3% YoY in New Zealand in June, which should keep the RBNZ on a tightening path Full Article
RBNZ Leads the Rat Race of Rate Hikes After Today’s 50 bps Hike
NZD/USD has pulled back up after the 50 bps rate hike by the RBNZ but we decided to sell the retrace at the 100 SMA Full Article
Selling NZD/USD After the Slight Improvement in Market Sentiment
NZD/USD has been really bearish during the last month, so we decided to take another shot selling this pair after the retrace higher Full Article
Inflation Picks Up in New Zealand Too
CPI inflation increased by 1.8% in Q1 and by 4.2% YoY, which is way below inflation levels in the US and Europe Full Article
Long NZD/USD As RBA Hints on Higher Interest Rates Soon
The RBA opened the door for higher rates which sent commodity dollars higher Full Article
AUD, NZD Feel Pressure After NFP Report Boosts Faster Rate Hike Hopes
Commodity currencies AUD and NZD are feeling the pressure from rising expectations for a more hawkish Fed after the release of the US NFP Full Article
Commodity Currencies AUD And NZD Lose Ground Against USD
Commodity currencies AUD and NZD are trading in the red as the week comes to a close, with forex traders focusing completely on the Fed's Full Article
New Zealand’s Annual Inflation Touches Three Decade High in Q4 2021
New Zealand is the latest country to report a surge in inflation, a factor that is raising uncertainties in economic recovery around the Full Article
Risk Currencies AUD, NZD Bullish as Traders Sell Off Safe Haven JPY
It's a bullish start to the day for leading commodity currencies AUD and NZD on Wednesday as they rally higher amid a sell-off in the safe Full Article
Commodity Currencies AUD, NZD Under Pressure as Australia Sees Surge in COVID-19 Cases
It's a bearish start to the final day of 2021 for leading commodity currencies AUD and NZD as fresh COVID-19 cases across Australia climb Full Article
Selling the Retrace in NZD/USD at Resistance
The retrace in NZD/USD has ended and now this pair is reversing down, so we decided to sell at resistance Full Article
Commodity Currencies AUD and NZD Gain as Risk Sentiment Rises
Leading commodity currencies AUD and NZD are registering highs against the US dollar on Friday as markets turn increasingly hopeful that the Full Article
US Dollar Steadies But Supported by Rising Bond Yields, Strong Data
The bullish moves in the US dollar takes somewhat of a breather into early trading on Wednesday, despite enjoying support from an uptick in Full Article
RBNZ Hikes Rates as Expected, More Hikes Likely in the Coming Months
The RBNZ implemented its first rate hike in seven years earlier today and hinted that there could be more such rate hikes in the coming Full Article