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 Proving Resilient, May Continue to Ignore Economic Calendar

There are a few items of importance due up over the coming days that will move the Euro, but nothing that will materially alter its current trajectory. Major influences are likely to come from elsewhere.
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VIX Notches Another Extreme, Dollar Fails to Progress, Be Ready for the RBNZ


Webinar: FX Week Ahead: Attention Turns to Asia-Pac for RBA & RBNZ


Euro Will Look for Drivers Beyond the Economic Calendar This Week


After ECB Policy Meeting, Euro Adrift Looking for a Life Boat


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Analyst Picks

Michael Boutros

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in EUR/NZD & Ethereum
Expertise: Shot-term Technicals
Average Time Frame of Trades: 1-3 Days


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Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous