Friday, October 16, 2026

Technicals

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NZD/USD falls into line

NZD eventually falling into place off c0.25% as USD demand bears drops 10year spread vz JGBs >300 bps led buyers & NZX50 hit record high NZD last at 0.7366/68 holds rate near 2.5% up on pre-RBNZ levels 0.7352 38.2% Fib o…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD eventually falling into place off c0.25% as USD demand bears drops

  • 10year spread vz JGBs >300 bps led buyers & NZX50 hit record high

  • NZD last at 0.7366/68 holds rate near 2.5% up on pre-RBNZ levels

  • 0.7352 38.2% Fib of March decline close support, 0.7323 March low thereafter 

 

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By FxWirePro Team