NZD/USD bulls bank on early action from RBNZ

NZD/USD back under pressure as the US dollar firms.
Given the decent domestic picture, NZD remains supported.

Ross J Burland FXStreet

NZD/USD is currently trading at 0.7010 and down some 0.16% with the price travelling between a low of 0.6988 and a high of 0.7105.

The Kiwi is well below the 0.71 area from yesterday's trade where prospects of a rate hike were brought forward by a number of analysts (with a hike now ~90% priced in by November).

''The collapse/reversal in oil (from a multi-year high) overnight has whacked commodity currencies, dented risk appetite and hit equities,'' analysts at ANZ Bank said.

''We think the NZD can survive this challenge (we’re not an oil exporter) given the decent domestic picture, as confirmed by yesterday’s NZIER QSBO survey (which aligns with our own ANZBO survey) but expect volatility.''

NZD/USD

Overview
Today last price	0.7011
Today Daily Change	-0.0015
Today Daily Change %	-0.21
Today daily open	0.7026

Trends
Daily SMA20	0.706
Daily SMA50	0.7158
Daily SMA100	0.7156
Daily SMA200	0.706

Levels
Previous Daily High	0.7065
Previous Daily Low	0.7013
Previous Weekly High	0.7087
Previous Weekly Low	0.6947
Previous Monthly High	0.7289
Previous Monthly Low	0.6923
Daily Fibonacci 38.2%	0.7033
Daily Fibonacci 61.8%	0.7045
Daily Pivot Point S1	0.7004
Daily Pivot Point S2	0.6982
Daily Pivot Point S3	0.6952
Daily Pivot Point R1	0.7057
Daily Pivot Point R2	0.7087
Daily Pivot Point R3	0.7109

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

EUR/USD recovers further from one-month low set on Friday, eyes mid-1.1800s on weaker USD

The EUR/USD pair is seen building on Friday's late recovery from the 1.1750-1.1740 region, or a nearly one-month trough, and gaining some follow-through positive traction at the start of a new week. The momentum lifts spot prices to the 1.1835 area during the Asian session and is sponsored by a broadly weaker US Dollar.

GBP/USD gathers strength above 1.3500 amid tariff confusion

The GBP/USD pair gains traction to around 1.3520 during the early Asian session on Monday. The US Dollar faces some selling pressure against the Cable as tariff uncertainty lingers. Traders will take more cues from the US Producer Price Index report for January, which will be published later on Friday.

Gold rallies above $5,150 as Trump’s tariffs boost haven demand

Gold price extends the rally above $5,150 in the Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, which boost safe-haven flows. US-Iran geopolitical risks also linger, supporting the Gold price upside.

Week ahead: Markets brace for heightened volatility as event risk dominates

Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness. Yen and aussie diverge; both pound and euro could recoup their losses.

Liberation day take two, the tariff machine just changed gears

Let me caveat this from the outset. What we are watching is first-order mechanics, not the grand macro endgame. This is the market’s immediate reflex to a 15% Trump tariff levy dressed up as judicial drama. The Supreme Court blocked Trump tarrif hammer. The White House came back with a scalpel.

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.