EUR/NZD Live News

This page provides live coverage and news analysis on the EUR/NZD currency pair

Advertiser Disclaimer
Top8forexbrokers would like to remind you that the data contained in this website is not necessarily real-time nor accurate.Prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Top8forexbrokers does not bear any responsibility for any trading losses you might incur as a result of using this data.
Top8forexbrokers or anyone involved with Top8forexbrokers will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Mar. 3, 2021

EUR/NZD up 0.1%, trading around 1.659

Live - Updated 7 minutes ago.

Light green, mostly flat: EUR/NZD ranges between 1.6597 and 1.6548 and is now at 1.659. (Trade EUR/NZD with FXTM now).

The EUR/NZD green move took place amid mixed market indicators – Germany's Unemployment Change fell short of the -13,000 projections, at 9,000 and continued its downward trajectory from the previous figure of -37,000.

At the same time, Euro Zone Consumer Price Index matches projections with new data release of 0.9. indicator value is unchanged and is the same as previous data of 0.9. Data for New Zealand Building Consents (MoM) (Jan) was released yesterday at 9:45 PM, suggests a downwards trend at 2.1, while previous data was 5.1.

Visual analysis of the EUR/NZD's price graph shows the nearest resistance level is at 1.7039. Asset volatility analysis shows that the lower Bollinger band is at 1.6432, indicating further gains might be next.

Overall, looking at the technical analysis landscape, it seems EUR/NZD might continue pointing upwards in the short term.

While EUR/NZD is green so far today, these assets are not doing so well- NASDAQ is trading around 13,358.79 (down 230.04 points).

Other assets are showing mixed performance as well.

The market is looking forward to New Zealand's RBNZ Gov Orr speech set for today at 8:15 PM. Tomorrow at 10:00 AM, data for Euro Zone Retail Sales will be released, with an expected decline to -1.1 from the preceding figure of two. Spain Services PMI is projected to outperform the last figure with 43 while it previously stood at 41.7, data will be released today at 8:15 AM.

follow us:

Week to date

After starting the week at 1.6625, EUR/NZD drifts down to 1.659 (down 34 pips) .

Trading week in a glance - EUR/NZD slid down from 1.6625 to 1.659, losing 34 pips (0.21%). (Start trading EUR/NZD at FXTM today).

Taking a wider perspective, performance of these other symbols usually suggests a setback for EUR/NZD as Gold fell to $1,708.4, hitting an 8 month low. At 1.5196, EUR/CAD is down to its lowest value in 8 months.

Positive performance, however, can be seen looking at other symbols as the Dollar/Yen rallies beyond 106.96 for the first time in 7 months. GBP/CAD hit 1.7778, highest rate in 11 months. Crude oil made its largest single-week drop ($3.17) since October 2020