EURNZD

Mixed and volatile trading looks to have formed a reverse Head and Shoulders. A break of 1.6622 and the measured move target is 1.6952 Read More

There seems to be no respite to the economic indicators in New Zealand as the latest jobs numbers posted disappointing figures. Unemployment rate for the month of July stood at 5.9%, up from 5.8% last month, while on a quarterly basis… Read More

The Reserve Bank of New Zealand in its July monetary policy meeting decided to cut interest rates by 25 basis points, bringing the overnight cash rate from 3.25% to 3%. The move was widely expected and was in fact priced in since the last… Read More

NZDJPY: The Kiwi posted an all time high above 94 in early 2014 and since then has been in a gradual decline. While the currency initially fell rapidly in the early part of this year to form a short term base at 85.37, the bounce from here… Read More