0.569
Today
-0.10%
5 Days
+1.84%
1 Month
-0.33%
6 Months
-3.35%
Year to Date
-1.09%
1 Year
-0.84%
Opening Price
0.569Previous Closing Price
0.570
The upside prevails as long as 0.5682 is support, with 0.5722 and 0.5730 as targets
below 0.5682, expect 0.5668 and 0.5660.
The upside prevails as long as 0.5682 is support, with 0.5722 and 0.5730 as targets
The NZD/USD pair steadies near 0.5705 during the early Asian trading hours on Thursday. The New Zealand Dollar (NZD) pares gains against the US Dollar (USD) following softer-than-expected Consumer Price Index (CPI) inflation data. The weekly US Initial Jobless Claims report is due later on Thursday.
New Zealand's third-quarter Consumer Price Index (CPI) came in a tenth under forecast on both the quarterly and the annual measure, and it took the Kiwi off its four-week high.
Stats NZ's third-quarter Consumer Price Index (CPI) comes at 21:45 GMT on Wednesday, with NZD/USD just under its 50-day average and the Reserve Bank of New Zealand (RBNZ) deciding on October 28. The pair trades just above 0.5700 after five straight daily gains, its highest since September 23.
ING’s Francesco Pesole expects New Zealand’s 3Q CPI to slow to 3.8%, broadly matching consensus and slightly under the RBNZ’s projection, with any upside surprise reinforcing expectations of an October rate hike.
NZD/USD remains in positive territory after experiencing volatility, trading around 0.5690 during European hours on Wednesday. The New Zealand Dollar (NZD) receives support from market caution ahead of New Zealand’s Q3 Consumer Price Index (CPI) inflation data, due later on Thursday.
The NZD/USD pair drifts lower to near 0.5680, snapping the four-day winning streak during the Asian trading hours on Wednesday. Markets turn cautious ahead of New Zealand’s Consumer Price Index (CPI) inflation data for the third quarter (Q3), which is due later on Thursday.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
