Logo-color Logo-white

The New Zealand dollar is sharply lower on Friday. NZD/USD is down 0.61%, trading at 0.6130 in the European session at the time of writing. New Zealand manufacturing PMI misses estimate New Zealand’s manufacturing sector contracted for a 14th straight month in May. The manufacturing PMI fell to 47.2, down from 48.9. New orders have […]

The post NZ Dollar Slips on Soft Manufacturing Data appeared first on Action Forex.

previous

Japanese Yen Fell to a Six-Week Low after Bank of Japan Ended Its Meeting

next

Market Analysis: GBP/USD and EUR/GBP Poised For More Losses

Read More

19/03/2024

Aussie Slides After RBA’s Pause

The Australian dollar is sharply lower on Tuesday. In the European session, AUD/USD is trading at 0.6507, down 0.80%. The Aussie is on a nasty slide and has declined by 1.7% since March 13. RBA removes tightening bias The Reserve Bank of Australia maintained the cash rate at 4.35% for a fourth straight time at […]
05/01/2024

NZD/USD Price Analysis: Holds Near 0.6230 Amid Improved Greenback, US NFP Eyed

NZD/USD consolidates post-recent losses ahead of US Nonfarm Payrolls data. The pair could surpass 0.6250 to test seven-day EMA at 0.6261. MACD suggests a shift toward bearish market sentiment. NZD/USD moves sideways with a negative bias, hovering around 0.6230 during the early European trading hours on Friday. The technical indicator 14-day Relative Strength Index (RSI) […]
10/06/2024

Fed Pivot Less Likely After Strong NFP, Focus on CPI Report and Dot Plot

A dovish pivot by the Fed is looking less likely at the June meeting Will Fed officials flag two or just one rate cut after strong jobs data? CPI report will also be crucial on Wednesday (12:30 GMT) Statement due at 18:00 GMT will be followed by press conference at 18:30 GMT One step forward, […]