0.588
Today
-0.01%
5 Days
+1.73%
1 Month
+3.15%
6 Months
-1.08%
Year to Date
+2.24%
1 Year
-0.35%
Opening Price
0.588Previous Closing Price
0.588The 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.

The upside prevails as long as 0.5874 is support, with 0.5914 and 0.5925 as targets
below 0.5874, expect 0.5856 and 0.5845.
The upside prevails as long as 0.5874 is support, with 0.5914 and 0.5925 as targets
Brown Brothers Harriman’s (BBH) Elias Haddad notes the New Zealand Dollar and local yields slumped after strong Q2 employment and wage gains were offset by rising labor supply and higher unemployment.

TD Securities reviews New Zealand’s Q2 labour report, noting unemployment rose to 5.6%, an 11‑year high, partly on higher participation, while employment still grew 0.5% quarter‑on‑quarter. Private-sector wages slightly beat consensus and the RBNZ’s May forecast.

NZD/USD declines to around 0.5860 on Wednesday at the time of writing, down 0.54% on the day, following the release of weaker-than-expected New Zealand employment data. The New Zealand Dollar (USD) comes under selling pressure as investors reassess the outlook for monetary policy.

• Softer New Zealand labor data shifts domestic interest rate expectations toward an easing cycle. • Economic divergence and elevated U.S. Treasury yields strengthen the U.S. Dollar against the Kiwi. • Chinese economic headwinds and global volatility reduce demand for the pro-cyclical New Zealand Dollar.

The NZD/USD pair weakens to near 0.5870 during the early European trading hours on Wednesday. The New Zealand Dollar attracts some sellers against the US Dollar (USD) after New Zealand’s unemployment rate climbs to the highest in 11 years.

The NZD/USD pair loses momentum to near 0.5875 during the early Asian trading hours on Wednesday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) following the employment report.

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