NZD/USD Price Analysis: Tumbles to three-day losses, below the 50-DMA

BY admin admin

NZD/USD dives to a three-day low of 0.5906 below the 50-day moving average (DMA) at 0.5913, despite the Greenback (USD) trading unchanged as shown by the US Dollar Index (DXY), while US Treasury bond yields drop for the second consecutive day.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

Gold Flips Backwards But Still Shines Above 2,000

<p><img width="612" height="306" src="https://www.actionforex.com/wp-content/uploads/2021/06/f-gold87.jpg" class="attachment-post-thumbnail size-post-thumbn

Forex

Ford reports annual sales of 1.99m compared to 1.86m a year earlier

<p>Automakers will be reporting sales figures throughout the week. Ford is out today, reporting a 7.1% rise in US sales led by crossover SUVs and pickup trucks.</p><p>Yesterday, GM r

Forex

Monday morning open levels – indicative forex prices – 31 July 2023

<p>On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online.</p><p>Prices are liable to swing around on not too much at all, so take car

Copyright © 2024 | WordPress Theme: Xews Lite