NZD/USD was a significant amount higher on Tuesday reaching its best level since around the 4th July US holidays. The pair rallied from 0.6114 to 0.6240 and traded into the Wall Street close some 1.15% higher.
''Markets trended higher overnight as investors now fear markets may have over-assessed the risk of recession,'' analysts at ANZ bank explained. This led to broad US dollar weakness with Fed speakers in the blackout period ahead of next week’s FOMC meeting and a growing consensus that the Fed may be priced too aggressively in money markets.
The US 10-year yield was up 1.24% to 3.026% turning higher into the final hours of North American trade as the S&P 500 burst into life for a close to 3% day in the green with high beta currencies, such as the kiwi, following in tow.
Meanwhile, it could be a quieter day in Asia with a lack of top-tier events scheduled. Still, if APAC equities take a leaf out of Wall Street, then that should be supportive for the antipodeans.
Meanwhile, the sentiment that surrounds the Reserve Bank of New Zealand that has been elevating the kiwi is here to stay. The Analysts at ANZ Bank who are anticipating a 50 bps hike said the possibility that the RBNZ hikes by 75bps in August cannot be ruled out. ''The second quarter labour market statistics on August 3 will be watched very closely.''
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.