New Zealand Dollar Reverses Gains After PBOC Move; NZD/USD, AUD/NZD, GBP/NZD Setups

BY admin admin

NZD gave up early gains against its peers after China cut its one-year benchmark lending rate but left its five-year rate unchanged. What is the outlook for NZD/USD, AUD/NZD, and GBP/NZD?

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

GBPUSD: Elliott wave analysis and forecast for 26.11.21 – 03.12.21

Main scenario: consider short positions from corrections below the level of 1.3514 with a target of 1.3157 – 1.2831. Alternative scenario: breakout and consolidation above the level of 1.3514 will all

Forex

Yields pop after US retail sales but then reverse

<p>A strong US retail sales report caused a pop in bond yields and the US dollar but both quickly gave back gains.</p><p>US 10-year yields touched 4.27% in the aftermath of the data,

Forex

WTI Crude Oil Price Remains Volatile

<p>Crude oil prices are down close to 5% on the day following a 24.8% decline from the day before. Price action in WTI continues to remain volatile and erratic. However, prices are now back near

Copyright © 2024 | WordPress Theme: Xews Lite