EURNZD chart

EURNZD chart by TradingView

EUR/NZD

As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for concern as the nation shifts away from export led growth, weakness in the Euro-Zone may cap any significant reversal.


News


Euro Forecast: EUR/USD Decline May Not Be Finished

The rise of a populist Italian government has started to stir concern among market participants. Meanwhile, the preliminary May Eurozone PMI readings aren’t set to improve, giving little reason for the Euro’s downtrend to end.
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Euro Forecast: EUR/USD Weakness Can Resume if EZ CPI Declines Again


Euro Forecast: EUR/USD Weakness May Persist as Inflation Rates Decline


FX Setups for the Week of April 30, 2018


Euro Dips as ECB Holds Rates, Makes No Changes to Policy Statement


Real Time News


Analyst Picks

James Stanley

James Stanley Currency Strategist

My Picks: NZDUSD, EURNZD, GBPAUD
Expertise: price action - macro
Average Time Frame of Trades: few days - few weeks


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