As shown on the NZD/USD chart today, the exchange rate is around 0.58250—the highest level for the Kiwi against the US dollar since December 2024. NZD strength is supported by optimism about China’s economy, a key trading partner for New Zealand. The Hang Seng Index (Hong Kong 50 on FXOpen) is near three-year highs, driven […]
The post NZD/USD Analysis: Exchange Rate at 2025 High appeared first on Action Forex.
Key Highlights GBP/USD started a fresh increase above the 1.2800 resistance. A short-term rising channel is forming with support at 1.2930 on the 4-hour chart. EUR/USD is consolidating gains above the 1.0820 resistance zone. Gold Read more…
BoJ kept its uncollateralized overnight call rate unchanged at around 0.50%, as widely expected. In its statement, BoJ noted that growth is expected to remain above potential, while inflation progress remains on track toward its Read more…
Japan’s exports surged 11.4% yoy to JPY 9,191B in February, marking the fifth consecutive month of growth, driven by strong demand from both the US and China. Exports to the US rose 10.5% yoy, while Read more…