Thursday, March 30, 2023
  • Login
  • Register
btclive365.com
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
btclive365.com
No Result
View All Result
Home Forex Trading

NZDUSD is limited below 0.5900 in a risk-off trading session

btclive365 by btclive365
November 9, 2022
in Forex Trading
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


  • The New Zealand Dollar remains capped below 0.5900.
  • Investors are cautious ahead of the results of the US elections.
  • NZDUSD’s broader negative outlook remains intact – Credit Suisse.

The New Zealand Dollar remains unable to return above 0.5900 during Wednesday’s US trading session, after having depreciated more than 1% on the day as market sentiment tanked.

Investors, cautious awaiting the outcome of the US elections

In the absence of relevant macroeconomic data, the focus is on the outcome of the US elections, with the investors reluctant to place any significant bet. The latest news has shown better-than-expected results for the democrats, although both parties are still in a tight race to control Congress.

Beyond that, the release of October’s US CPI data, due on Thursday is expected to provide further insight into the Federal Reserve’s next monetary policy decisions, and therefore, it might trigger significant US Dollar volatility.

 

NZD/USD: Broader negative outlook remains intact – Credit Suisse

In the long run, analysts at Credit Suisse maintain their bearish view on the pair, and point out to 0.5600 and below: “The recent recovery in our eyes still looks, for now at least, like a corrective countermove within the broader downtrend. Hence, our broader negative outlook stays intact, though with a move back below 0.5854 and then below 0.5600/5597 needed to turn the market on the path towards the YTD low 0.5510 and then the 2020 low at 0.5468.”

Technical levels to watch

 



Source link

Previous Post

Silk Road Darknet Market Testing For Bitcoin – Bitcoin Magazine

Next Post

EF-Supported Teams: Research & Development Roundup

btclive365

btclive365

Next Post

EF-Supported Teams: Research & Development Roundup

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

How to sell Bitcoin – Bitcoin Magazine

November 9, 2022

Add a Tangible Asset to Your Portfolio: Buy Gold

January 7, 2023

Building Bitcoin Standard In Portugal – Bitcoin Magazine

November 9, 2022

USD/ZAR Rallies as SA President Ramaphosa Faces Potential Impeachment

December 1, 2022

Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves

1

Building Homesteader Lifestyle With Bitcoin – Bitcoin Magazine

1

Arbitrum dealings activity rockets 550% since August: Delphi Digital

0

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News

0

TeraWulf Reports Fourth Quarter and Full Year 2022 Results and Provides Operational Update

March 30, 2023

GBP/USD pops towards the 1.24 psychological target

March 30, 2023

USDC Outflow Surpasses $10 Billion, Are Investors Losing Interest In The Stablecoin?

March 30, 2023

XAU/USD virtually unchanged ahead of key US data, US Dollar vulnerable long term

March 30, 2023

Recent News

TeraWulf Reports Fourth Quarter and Full Year 2022 Results and Provides Operational Update

March 30, 2023

GBP/USD pops towards the 1.24 psychological target

March 30, 2023

USDC Outflow Surpasses $10 Billion, Are Investors Losing Interest In The Stablecoin?

March 30, 2023

XAU/USD virtually unchanged ahead of key US data, US Dollar vulnerable long term

March 30, 2023

We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, NFTs, and Altcoin trends and happenings

Follow Us

Browse by Category

  • Altcoins
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Cryptocurrency News Today
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

Recent News

TeraWulf Reports Fourth Quarter and Full Year 2022 Results and Provides Operational Update

March 30, 2023

GBP/USD pops towards the 1.24 psychological target

March 30, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 btclive365 All Right Rivered .

No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

© 2022 btclive365 All Right Rivered .

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In