Kiwi

31 May 2024
NZD rises against slow economic growth in the U.S. 

Key Points:  New Zealand dollar rises to $0.612 as economic growth in the US is slower than expected, indicating potential for rate cuts.  Investors await US PCE inflation data and the speech from RBNZ Governor Adrian Orr.  The New Zealand …

30 May 2024
Aussie, Kiwi steady after setback from U.S. bond yields surge

Key points: Aussie pinned at $0.6605: After retreating from $0.6667, the AUDUSD faces immediate support at $0.6592 and resistance at $0.6680. Kiwi eases to $0.6108: With resistance at $0.6170 and support around $0.6084, the NZDUSD reflects cautious trading. The Australian …

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