NZD/USD hits six-day lows under 0.6200 ahead of Fed interest rate decision
27.07.2022, 15:29

NZD/USD hits six-day lows under 0.6200 ahead of Fed interest rate decision

  • US Dollar recovers strength during the American session, remains in recent range.
  • FOMC to announce its decision at 18:00 GMT.
  • NZD/USD near key support of 0.6185/90.

The NZD/USD broke below 0.6220 and slide to 0.6196, hitting a six-day low. The pair holds a negative bias ahead of the FOMC statement and as the dollar strengthens.

Next move depends on Powell and his mates

The Federal Reserve is expected to hike its key interest rate by three-quarters of a percentage point to 2.50% on Wednesday amid high inflation and signs of an economic slowdown. The statement (due at 18:00 GMT), particularly hints about the next steps, will be key for market reaction. Jerome Powell’s press conference will begin at 18:30 GMT.

The US dollar awaits the outcome of the meeting trading around the top of the two-week range across the board. The NZD/USD is hovering around 0.6200, falling for the second day in a row, still above the critical support seen at the 20-day Simple Moving Average at 0.6185/90. On the upside, a consolidation above 0.6250 would point to an extension of the recovery.  

The kiwi is among the worst performers on Wednesday hit by a rally in AUD/NZD and the caution across financial markets. The cross broke a critical resistance area at 1.1100 and jumped to test the four-year high at 1.1165/70.

Technical levels

 

© 2000-2024. 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik