The New Zealand dollar looks to be marking time ahead of the RBNZ on Thursday. It should find some support overnight on the Global Dairy Auction result. The New Zealand dollar is back over the 0.

It is now at 0. Momentum remains positive and the New Zealand dollar now looks happy over the 0.

With the US jobs data disappointing a move to the 0. The New Zealand has put in a solid performance over the last few days as it continues to hold above the USD 0. It is currently trading around 0.

We expect consolidation at current levels as we head into crucial US data later this week It is attracting buying interest on dips but upside is limited until US data figures have been digested. After being knocked around last week the New Zealand dollar starts the week on a firmer tone breaking back over 0.

The New Zealand dollar continues to trade sideways vs the USD between the broad parameters of 0. Tonight's Global Dairy auction should be NZD supportive and we look for a move over 0. Home About Us Testimonials FAQ's Exchange Rates Currency Charts FX News Personal Business Banks. Australian dollars Canadian dollars Euros Hong Kong forex broker in hyderabad Japanese yen New Zealand dollars Pounds sterling Singapore dollars South African rand Swiss francs US dollars To CCY Please select.

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Our wholesale currency exchange rates for money transfers, are significantly more competitive than bank foreign exchange rates. Being Australasian based, we specialise in knowing what drives NZD and USD currency conversion rates. This had made the NZD to USD exchange rate a focus of our money transfer team for many years. The NZD to USD exchange rate can be volatile at times, especially during peaks forex factory auction market theory troughs of the cash rate cycles.

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Our team will help you interpret market conditions when you make your currency transfer. Reserve Bank of New Zealand RBNZ: Back to FX Updates Tuesday 20th June 3: There are tentative signs a top may have been put in place at 0. Initial resistance comes in around 0.

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The current interbank midrate is: The NZD pushed over 0. We expect a pullback on the NZD should these figures be as good as expected, but 0.

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The continued failure to overcome 0. Given continued positive NZ economic data we expect back over 0. Unfortunately the NZD looks likely to remain trapped within the 0.

It continues to look soft with 0. Fundamentals are still New Zealand dollar supportive and with the RBNZ statement on Thursday expected to be supportive look for a push towards the 0. Tuesday 19th April 2: There has been evidence of stop loss buying after the resistance was breached.

Commodity drivers have again been a key factor behind the move although the USD DXY index has fallen since the middle of last week, local inflation data yesterday has also helped somewhat. Home Site Map Privacy Policy Terms and Conditions Contact Us Product Disclosure Statement. Australian dollars Canadian dollars Euros Hong Kong dollars Japanese yen New Zealand dollars Pounds sterling Singapore dollars South African rand Swiss francs US dollars.