NZD/USD breaks above a 2 year descending trend line [Video]
NZD/USD Price Forecast: Consolidates near June high as bulls await breakout through 0.6000
NZDUSD regains confidence The Kiwi took a slight breather after moving over 100 pips higher as the bullish influence remains. A rally towards the mid-0.5900 area has prompted sellers to trim their exposure.
NZD/USD Price Forecast: Weakens below 0.5900, but staying supported above 100-day SMA
NZD/USD Price Forecast: Kiwi fails to find follow-through above 0.5900
NZD/USD Price Forecast: Approaches 0.5900 resistance area as US Dollar weakens
NZD/USD Price Forecast: Cooling NZ inflation expectations push Kiwi under pressure
The Kiwi has been unbelievably quiet in August, but that calm may be living on borrowed time. Volatility is sitting near the lowest levels seen in two decades, Kiwi rates markets are heavily priced for further RBNZ tightening, and today brings the release of a survey that has historically carried meaningful implications for interest rates.
NZD/USD Price Forecast: Nearing 0.5860 support area amid by risk-off markets, domestic politics
NZD/USD Price Forecast: Focus shifts to 0.5850 support area as risk appetite fades
NZD/USD Price Forecast: Consolidates above 0.5860/weekly low as bulls look to US NFP
New Zealand's unemployment rate climbed to its highest level in over a decade in the June quarter, reinforcing the view that abundant labour market slack leaves little risk of a wage breakout that could reignite domestic inflationary pressures.