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If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse. Learn more about our full range of powerful features including the best charts on the web. An NZD/USD move through R1 ($0.6134) would give the bulls a run at R2 ($0.6163) and the 50-day EMA ($0.61816). However, failure to move through the 50-day EMA ($0.61816) would leave S1 ($0.6081) in play. Failure to move through the pivot would leave the First Major Support Level at $0.6562 in play. However, barring a sharp fall in US jobless claims, the AUD/USD pair should avoid the Second Major Support Level at $0.6534.
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How to convert New Zealand Dollar to Canadian Dollar
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To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners. Comprehensive information about the NZD CAD (New Zealand Dollar vs. Canadian Dollar). You will find more information by going to one of the sections on this page such as historical data, charts, converter, Technical analysis, news, and more. Broad, counter trend move after US initial jobless claims come in higher than anticipated – whetting the appetite of dollar bulls …
NZD/CAD Exchange rate
Economists gold trading online China’s annual inflation rate to soften from 2.1% to 1.9%. Significantly, economists expect the Producer Price Index to fall by 1.3% year-over-year in February versus a 0.8% decline in January. It is a quieter day ahead for the AUD/USD and NZD/USD. Weak retail sales figures from NZ failed to move the dial with China inflation in focus. While portraying the quote’s latest rebound, an ascending trend channel from Tuesday gains major attention.
New Zealand Dollar Forecast: ANZ says Recession Won’t Stop Appreciation – Pound Sterling Live
New Zealand Dollar Forecast: ANZ says Recession Won’t Stop Appreciation.
Posted: Thu, 16 Feb 2023 08:00:00 GMT [source]
Inflation remains a hot topic, with sticky US inflation and a hawkish Fed Chair Powell sending the pairs into the deep red this week. Softer inflation numbers should ease market tension, however. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. We give you the real rate, independently provided by Reuters.
New Zealand Dollar to Canadian Dollar
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- Kiwi Loonie looks very bullish, key structure is broken, and the neckline of our double bottom too, I’m bullish with this pair Please do find your entry point with lower TM and good confirmation clues.
- While the inflation numbers will draw interest, Fed Fear remains the theme following hotter-than-expected US labor market numbers.
Kiwi Loonie looks very bullish, key structure is broken, and the neckline of our double bottom too, I’m bullish with this pair Please do find your entry point with lower TM and good confirmation clues. NZDCADThis is for short term And this is risky too. Our currency converter will show you the current rate and how it’s changed over the past day, week or month.
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The NZDCAD needs new positive momentum – Analysis – 27-2-2023 – Economies.com
The NZDCAD needs new positive momentum – Analysis – 27-2-2023.
Posted: Mon, 27 Feb 2023 08:00:00 GMT [source]
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- Comprehensive information about the NZD CAD (New Zealand Dollar vs. Canadian Dollar).
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We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Multi-currency account Explore the account used by 13 million people to live, work, travel and transfer money worldwide. Gold price extended its rebound and surpassed $1,825 in the second half of the day on Thursday. After the data from the US showed a large increase in weekly jobless claims, the benchmark 10-year US Treasury bond yield turned south, helping XAU/USD gain traction. Forbes Advisor adheres to strict editorial integrity standards.