nzd analysis

A big drama in New Zealand after the election Will Kiwi also embark on a new path

New Zealand technical analysis forecast  A big drama in New Zealand after the elections ended without a clear winner:New Zealand’s political parties on Thursday reached an agreement on the establishment of a center-left government led by Labor Party leader Gecinda Ardren, 37. In the September elections, the New Zealand National Party, led by conservative Bill English, the current prime minister,…

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Is the weakness of the New Zealand Dollar, is only the beginning of a long journey down to lower destinations

New Zealand Dollar Technical Analysis Forecast Friday’s nonfarm payrolls will yield the usual influence on forex markets as investors look to this key data for an indication of the future path of monetary policy in the US.  Figures for March were a big disappointment – 98,000 was well below the recent average. However, so far that has not dissuaded the…

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Is The Decline in The New Zealand Dollar is about to end ?

New Zealand Dollar Technical Analysis Forecast New Zealand dollar extended its decline to a seven-week low, as growing speculation the Federal Reserve will hike interest rates this month Reserve Bank Governor Graeme Wheeler said: “New Zealand would not fare well in such circumstances. Even if our exports of goods and services to the US – currently over $8 billion – were…

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