NZD USD

New Zealand’s economy is in freefall, with a deep recession and dire GDP data sparking bets on aggressive RBNZ rate cuts. Add a hawkish Fed twist, and NZD/USD has plunged to two-year lows. Could .5515 be the next stop?

Commodity currencies are dancing to the tune of Chinese bond yields, with AUD/USD, USD/CAD, and NZD/USD locked in striking correlations. The Fed’s dot plot may stir the pot later today, but China’s yield curve rollercoaster isn’t slowing down anytime soon.

NZD/USD has been as flightless as its namesake in 2024, but with a hawkish Fed rate cut expected and signs of life at home, could the Kiwi finally be ready to spread its wings?

Temporarily shifting from China proxies, AUD/USD and NZD/USD are now dancing to the tune of rate differentials. With the Fed set to update its economic projections next week, traders are eyeing a potential hawkish twist that could amplify Antipodean anguish. Will its rate signals intensify the USD’s dominance, or offer a lifeline to the Aussie and Kiwi?

NZD/USD is gaining momentum, with US rates diminishing as the dominant driver. With trade war risks back on the radar, the Kiwi’s trajectory could hinge on global sentiment. Can it weather the turbulence?

The RBNZ took the safe option in delivering a 50bps cut, but hawkish signals have traders buzzing. Can NZD/USD sustain its breakout momentum, or will the US dollar reclaim control?

The consensus is 50bp, market pricing leans towards 75bp. Whatever the RBNZ decide to do today, it comes down to whether they will signal further cuts, as to whether NZD/USD continues to depreciate or bounce on a "sell the rumour, buy the fact" reaction.

Trump’s tariff threats send shockwaves through markets, driving the USD higher as trade-reliant currencies plunge. USD/CAD breaks to pandemic highs, while AUD and NZD reel from fears of escalating protectionism.

NZD/USD bounces back ahead of the 2023 low (0.5774) to keep the Relative Strength Index (RSI) above 30.

New Zealand’s economy is crawling despite aggressive rate cuts, leaving the RBNZ staring down a crucial decision: play it safe or unleash Adrian Orr’s hallmark “shock and awe” with a bold move next week. Could a 75bp cut be the surprise markets aren’t ready for?

Hot CPI from Canada, a rise of geopolitical tensions and increased threat of tariffs played nicely for commodity FX bulls, with AUD, CAD and NZD leading the pack among FX majors on Tuesday. And there could be some wriggle room for further gains.