Kiwi tilts lower as US dollar strengthens
2 years ago

The New Zealand dollar slipped on Tuesday, as the US currency continued to pressure other currencies.


New Zealand's credit card spending index fell 10.6% during the month ending January 21, after falling by 6.7% during the month ending December 20.


The Federal Reserve meeting will start later today, to discuss monetary policy amid the latest developments regarding the pandemic, and the bank's targets for employment and inflation.


The meeting will continue until Wednesday, followed by the interest rate decision and a press conference by Fed Chair Jerome Powell.


Countries around the world are intensifying their efforts to combat the Covid-19 pandemic with largescale vaccination campaigns.


As of 15:12 GMT, NZD/USD fell 0.1% to 0.7191, after hitting an intraday high of 0.7207 and a low of 0.7168.

Forex and Currency News

GBP/USD news


Sterling moves in negative zone on grim economic outlook
2 hours ago
Sterling fell in European trade for the fourth straight session against dollar, amid a grim outlook ...
AUD/USD news


Aussie is most profitable major currency after unexpected RBA decision
1 day ago
Australian dollar rose widely on Tuesday for the fourth straight session, hitting three-week highs ...
USD/CHF news


Swiss franc hovers near two-month low following inflation data
1 day ago
Swiss franc fell in European trade for  a second session against dollar, almost hitting ...

Forex Technical Analysis

AUD USD Analysis


Midday update for the AUDUSD 07-06-2023
3 minutes ago
The AUDUSD pair shows additional positive trades to attempt to move away from 0.6660, to reinforce ...
GBP USD Analysis


Midday update for the GBPUSD 07-06-2023
4 minutes ago
The GBPUSD pair shows negative trades now in attempt to resume the expected bearish trend for ...
EUR USD Analysis


Midday update for the EURUSD 07-06-2023
4 minutes ago
The EURUSD pair resumes its negative trading to test the intraday bullish trend line that appears ...