By FXEmpire.com
Analysis and Recommendation:(close of the Asian session)
The NZD/USD added 0.0019 to trade at 0.7893. The New Zealand dollar may fall from near a seven-week high as concern mounts that this week’s European leaders’ summit in Brussels will fail to deliver a durable solution to the region’s debt crisis. Although markets are not expecting much from the EU ministers, except for grand schemes and long term promises. As the euro crisis mounts, it will take a toll on the commodity currencies.
The kiwi as been strong on internal eco data and this week brings a few more reports, but the USD could mount a surge as risk aversion continues to grow.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Upcoming Economic Events that affect the AUD, NZD, JPY and USD
Date |
Time |
Currency |
Event |
Previous |
Jun 27 Jun 28 |
12:30 |
USD |
0.2% |
|
14:00 |
USD |
-5.5% |
||
14:30 |
USD |
|||
23:50 |
JPY |
5.8% |
||
1:00 |
NZD |
27.1 |
||
Jun 29 |
12:30 |
USD |
||
12:30 |
USD |
1.9% |
||
22:45 |
NZD |
-7.2% |
||
23:30 |
JPY |
2.6% |
||
23:30 |
JPY |
-0.8% |
||
23:50 |
JPY |
-0.2% |
||
1:30 |
AUD |
0.4% |
||
12:30 |
USD |
0.1% |
||
12:30 |
USD |
0.3% |
||
13:45 |
USD |
52.7 |
||
13:55 |
USD |
74.1 |
Click here for further NZD/USD Forecast.
Originally posted here