NZDUSD – Uptrend Remains at Risk

Key Highlights New Zealand Dollar continued to trade higher against the US Dollar, but remains at a risk of a break lower. NZDUSD is forming a major ascending channel, which is acting as a catalyst for the upside move. New Zealand Gross Domestic Product released by the Statistics New Zealand posted an increase of 0.4% in the second quarter of 2015, whereas the forecast ...
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NZDUSD Collapsed after Disappointing the Lower NZ GDP Growth

Key Highlights New Zealand Dollar traded sharply lower against the US Dollar, and trimmed most gains after GDP release. New Zealand Gross Domestic Product released by the Statistics New Zealand increased by 0.2% in the first quarter of 2015, compared with the forecast of 0.6%. In terms of the yearly change, the New Zealand Gross Domestic Product rose 2.6%. Japanese Se...
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