New Zealand dollar news

Asia-Pacific currencies are in focus as fourth-quarter trading begins ahead of the Reserve Bank of Australia’s rate decision. A Chinese holiday may drain liquidity and increase volatility.

The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.

The New Zealand Dollar took advantage of a broader pullback in the US Dollar, outperforming its major peers, including the Australian Dollar. New Zealand economic data is on tap for today’s session.

The NZD/USD is trading near the 0.56000 level as of this writing with rather quick price action on display.

Fed’s Kashkari Warns on Tightening; 10-Year Treasury Yields Exceed 4%; S&P 500 Reaches 2-Year Low; US Dollar Hits Long-Term Highs Against EUR and NZD; IMF Criticises UK Tax Cut Plan.

Fed’s Kashkari Warns on Tightening; 10-Year Treasury Yields Exceed 4%; S&P 500 Reaches 2-Year Low; US Dollar Hits Long-Term Highs Against EUR and NZD; IMF Criticises UK Tax Cut Plan.