NZD/USD remains on the defensive near the 0.6060 mark ahead of Chinese/New Zealand data – by lilyfinancial NZDUSD Macroeconomics Majors
ious as investors expressed concern about Chinese growth, and Moody's downgraded the credit ratings of midsize and small U.S. lenders, and issued a warning about possible cuts to the ratings of larger institutions.
The downbeat Chinese data exerts some pressure on the Kiwi. That said, the dollar value of China’s exports YoY in July plunged -14.5%, worse than expectations of -12.5% in June, while Imports dropped -12.4% YoY from -5%. The figures fuel concern about the economic slowdown in the world’s second-largest economy. Market players await Electronic New Zealand’s Car Sales for July and the inflation expectations report for fresh impetus later in the day.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
NZD/USD oscillates in a narrow range below the 0.6100 mark, US inflation eyedThe NZD/USD pair oscillates in a narrow range below the 0.6100 mark during the early Asian session on Monday. Meanwhile, the US Dollar Index (DXY), a
Les mer »
NZD/USD Price Analysis: Kiwi rebound eyes 0.6150 and NZ/US inflation cluesNZD/USD Price Analysis: Kiwi rebound eyes 0.6150 and NZ/US inflation clues – by anilpanchal7 NZDUSD Inflation Technical Analysis ChartPatterns Currencies
Les mer »
NZD/USD struggles to capitalize on its modest uptick beyond 0.6100 on stronger USDThe NZD/USD pair attracts some dip-buying on the first day of a new week and sticks to its modest intraday gains through the early part of the Europea
Les mer »
NZD/USD trades flat below 0.6100 at the start of the weekThe NZD/USD traded neutral on Monday, below the 0.6100 level. On the one hand, the USD recovered from rising yields after Friday’s losses, while the N
Les mer »
NZD/USD remains below 0.6100 as USD strengthens, unaffected by Chinese trade dataThe NZD/USD pair struggles to gain momentum despite recent gains and faces selling pressure during the Asian session. The pair has recovered slightly from its daily low but is still down 0.30% for the day. Chinese trade data, which revealed a higher surplus of $80.6 billion in July, has had little impact on the pair's performance.
Les mer »
NZD/USD Price Analysis: Further downside past 0.6100 appears more impulsiveNZD/USD stands on slippery ground as it renews its intraday low near 0.6060 heading into Tuesday’s European session, printing the biggest daily loss. Feed news Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
Les mer »