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 Positioned to Continue Rally versus Greenback, Commodity Currencies

A light economic calendar this week should keep the Euro in the market’s favor, particularly against the Australian, New Zealand, and US Dollars, which it has fared quite well against in recent weeks amid rising political pressure out of the United States and greater selling pressure in the commodity complex.
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Euro Set to Gap Open Again after Final Round of French Elections


EUR/NZD Trap Update


Euro Treads Water After ECB Holds Course, Waiting for French Elections


Get Ready for Gap Open in EUR-Crosses Thanks to French Election


Real Time News


Analyst Picks

My Picks: Exiting half EUR/NZD position
Expertise: Technical
Average Time Frame of Trades: Swing


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