The NZD/USD pair attracts some buyers and holds above the 0.5900 area during the Asian session on Wednesday. The upbeat Chinese economic data lends so
NZD/USD posts modest gains around 0.5905 after the upbeat Chinese growth numbers. China’s Gross Domestic Product for Q3 climbed 1.3% QoQ vs. 0.8% prior, better than expected. US Retail Sales for September grew 0.7% MoM, beating the market estimation. me support to the Kiwi. The pair currently trades near 0.5905, gaining 0.13% for the day. The latest data from the National Bureau of Statistics of China on Wednesday revealed that China’s Gross Domestic Product for the third quarter climbed 1.
On the USD’s front, Minneapolis Federal Reserve Bank President Neel Kashkari stated that inflation has taken considerably longer than expected and is still too high. Philadelphia Fed President Patrick Harker maintained his dovish stance by mentioning that that in the absence of some turn in the data, the Fed should hold rates steady. That said, the additional dovish comments from the Federal Reserve officials might weigh on the US Dollar and act as a tailwind for the NZD/USD pair.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
New Zealand Dollar Falls After Inflation Data, but NZD/USD Remains Above Key SupportThe New Zealand Dollar weakened after local inflation data cooled hawkish RBNZ policy expectations. Even so, NZD/USD remains above key support with a neutral near-term technical bias.
Consulte Mais informação »
NZD/USD sticks to softer New Zealand CPI-inspired losses around 0.5900 markThe NZD/USD pair comes under heavy selling pressure during the Asian session on Tuesday, with bears now looking to extend the downfall further below t
Consulte Mais informação »
NZD/USD declines to 0.5900 on downbeat Kiwi consumer inflation, US data eyedNZD/USD trades lower around 0.5900 during the early European session on Tuesday, pulling back from the recent gains following the release of downbeat
Consulte Mais informação »
NZD/USD recovers the recent losses near 0.5920, focus on RBNZ inflation, US Retail SalesNZD/USD trades higher around 0.5920 during the early European session on Monday, recovering from the recent gains registered in the previous two tradi
Consulte Mais informação »
NZD/USD Price Analysis: Looking for a climb back into 0.5950The NZD/USD is catching a minor lift for Monday, testing into the 0.5930 region after the week's opening bids gapped higher into 0.5920 from Friday's
Consulte Mais informação »
NZD/USD drops to two-week lows after upbeat US Retail Sales, clings to 0.5900The New Zealand Dollar (NZD) remains defensive against the US Dollar (USD) and registers solid losses after dropping to a two-week low of 0.5870. Howe
Consulte Mais informação »