Friday , 20 September 2024
Home Forex NZD/USD Price Forecast: Bulls need to wait for strength beyond 0.6200 before placing fresh bets
Forex

NZD/USD Price Forecast: Bulls need to wait for strength beyond 0.6200 before placing fresh bets

The NZD/USD pair attracts some dip-buying on the first day of a new week and reverses a major part of Friday’s pullback from the 0.6200 neighborhood, or a one-week high renewed US Dollar (USD) selling bias.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Gold Technical Analysis – The fall in real yields drives the price higher

Fundamental OverviewThe Fed this week finally started its easing cycle and decided...

BOJ governor Ueda: Easy monetary conditions are in place as real rates remain negative

US economy achieving soft landing is our main scenarioIf US economy achieves...

BOJ governor Ueda: Will carefully communicate thinking behind policy decision with markets

Aware of criticism on communication being insufficient, with regards to post-July meeting...

European equities kick start the day on a slightly softer note

Eurostoxx -0.4%Germany DAX -0.5%France CAC 40 -0.2%UK FTSE -0.5%Spain IBEX +0.1%Italy FTSE...