Today
-0.05%
5 Days
+0.29%
1 Month
+0.20%
6 Months
-3.37%
Year to Date
-1.37%
1 Year
-1.09%
Opening Price
0.568Previous Closing Price
0.568
The upside prevails as long as 0.5682 is support, with 0.5716 and 0.5725 as targets
below 0.5682, expect 0.5668 and 0.5660.
The upside prevails as long as 0.5682 is support, with 0.5716 and 0.5725 as targets
On Wednesday, October 28 at 01:00 GMT, the Reserve Bank of New Zealand (RBNZ), led by Governor Anna Breman, is expected to raise the Overnight Cash Rate (OCR) by 25 basis points, from 2.75% to 3%, as money markets price in a 100% chance.
Societe Generale’s Kit Juckes highlights the New Zealand Dollar as the most attractive G10 currency into this week’s central bank meetings. Markets see an almost certain RBNZ hike, with expectations for two more moves by mid-2026.
ING’s Francesco Pesole expects the Reserve Bank of New Zealand (RBNZ) to deliver a 25bp rate hike to 3.0%, matching consensus and market pricing.
NZD/USD gains ground after posting modest losses the previous day, trading around 0.5690 during European hours on Tuesday.
TD Securities dropped its call for a Reserve Bank of New Zealand (RBNZ) pause and now expects three hikes, and NZD/USD still fell on Monday. It stopped just above 0.5700 for a fourth straight session and ended below that level, as traders bought Dollars before the Fed's Wednesday decision.
NZD/USD declines by 0.25% on Monday, trading around 0.5680 at the time of writing, despite growing expectations of an interest rate hike in New Zealand.
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.