NZD / USD: near a strong resistance level
New Zealand’s economy, export-oriented, is gradually improving. About
this is evidenced by the data presented yesterday on the trade balance New
Zealand in January (+8.0 million New Zealand dollars against the forecast of growth
deficit 245 500 000). Exports thus grew by 3.9 billion NZ
compared to $ 3.74 billion, and forecast growth of 4.43 billion in the previous month.
The positive dynamics of world equity
indexes and oil prices and commodity prices have allowed the pair NZD / USD
considerably strengthened in recent years.
regarding the next interest rate increase in the US in March, sounded
in statements by the Fed this week, gave an additional
the upward momentum of the pair NZD / USD.
global financial markets are today against the background of a meeting of representatives
Big Twenty countries in Shanghai, the main themes of which will be the discussion
situation slowdown in China and the world economy, the dynamics of interest
rates, falling oil prices and commodity prices, as well as reducing the world
measures taken in China, have also improved the sentiment towards risky
assets and commodity currencies, including to the New Zealand dollar, as China
It is the largest trading partner of New Zealand.
news today, waiting for US data output unit from 13:30 to 18:00 (GMT).
data (second estimate US Q4 GDP with a growth forecast by 0.4% in addition to
growth of 0.7% in the previous quarter, the trade balance for January and
as inflation indexes – the price of domestic acquisitions in Q4, personal
expenses for January, the consumer confidence index from Reuters / Michigan for
February (forecast to rise to 91.0 against 90.7 in January, the indicator) will strengthen
the US dollar in the market, including in the pair NZD / USD.
NZD / USD: the decline continues TRADING RECOMMENDATIONS Amid fears the central bank to further deterioration in the global economic outlook and…
NZD / USD: the next meeting of the Fed and RBNZ – in March. trading recommendations New Zealand is the largest exporter and supplier of dairy products on…
NZD / USD: in anticipation of meeting RBNZ Current trend how expected tomorrow at 00:00 (GMT + 3) RB New Zealand will lower its key interest rate by 25…