0.584USD
Today
+0.18%
5 Days
+0.19%
1 Month
-0.53%
6 Months
+2.55%
Year to Date
+1.53%
1 Year
-2.58%
Opening Price
0.583Previous Closing Price
0.583The 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 MACD must break above its zero level to trigger further gains.
below 0.5819, expect 0.5798 and 0.5786.
Rebound
The Reserve Bank of New Zealand (RBNZ) is widely expected to hold the Official Cash Rate (OCR) at 2.25% for the third consecutive meeting, as the impact of the Iran war continues to hit the economic growth and fuel inflation pressures.
There is something almost comic about a central bank that spent a year insisting rates needed to come down, only to find itself staring at inflation heading the wrong way.
MUFG's strategists flag the Reserve Bank of New Zealand (RBNZ) as a key event risk, with markets expecting no move this week but assigning a meaningful probability to a July rate hike.
BNY’s Bob Savage highlights that the New Zealand Dollar enters the upcoming RBNZ meeting on a weak footing, with a notable lack of recent flows and a large NZD outflow linked to unrolled swap positions.
DBS Group Research economist Philip Wee expects the Reserve Bank of New Zealand (RBNZ) to deliver a hawkish hold, prioritising above-target inflation over weak GDP growth and high unemployment.
MUFG’s Derek Halpenny expects the Reserve Bank of New Zealand (RBNZ) to leave rates unchanged but deliver a hawkish message, with updated forecasts showing higher inflation and a higher projected Official Cash Rate (OCR).
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