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: 2025.08.22
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NZD/USD: Near oversold conditions - OCBC
Breaking news
NZD/USD: Near oversold conditions - OCBC
New
2025.08.22 18:32
2025.08.22 18:32
2025.08.22 18:32
New Zealand Dollar (NZD) continued to trade with a heavy bias near recent low. Pair last seen at 0.5808 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
RBNZ's dovish cut reinforces a downside bias for NZD
"Bearish momentum on daily chart intact but RSI is at oversold conditions. Support here at 0.58 (50% fibo retracement of Apr low to Jul high), 0.5730 (61.8% fibo). Resistance at 0.5830 (200 DMA), 0.5880 (38.2% fibo)."
"RBNZ's dovish cut and lower OCR track reinforce a downside bias for NZD, and the magnitude of the move going forward will hinge on the USD leg. Powell's Jackson Hole speech on Friday night is likely to shape Fed easing expectations into September and that is likely to impact Kiwi's near-term directional bias."
Last updated
: 2025.08.22
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Canadian Dollar weakens to three-month low despite upbeat Retail Sales
The Canadian Dollar (CAD) continues to lose ground against the US Dollar (USD) on Friday, marking its fourth consecutive daily decline, as the Greenback strengthens across the board. At the time of writing, the USD/CAD pair is trading around 1.3920, its strongest level since May 21.
New
2025.08.22 22:47Fed's Collins: Don't rule out a larger and more persistent impact of tariffs on inflation
In an interview with Bloomberg on Friday, Federal Reserve Bank of Boston President Susan Collins said that the overall economic fundamentals in the United States are relatively solid, per Reuters.
New
2025.08.22 22:18EUR/GBP consolidates above 0.8650 as German GDP contracts and UK sentiment improves
The EUR/GBP cross is trading with subdued price action on Friday, consolidating above the 0.8650 level after paring earlier losses during the American session.
New
2025.08.22 22:02Gold steadies near $3,330 as Jackson Hole takes center stage
Gold (XAU/USD) is trading on the back foot for a second straight day on Friday, weighed down by a strong US Dollar (USD) and firm Treasury yields. At the time of writing, the precious metal is hovering near $3,330, down 0.21% on the day.
New
2025.08.22 22:01AUD/USD Price Forecast: Below 0.6415, the pair might fall to 0.6375
Aussie Dollar's upside attempts have been contained below 0.6430 so far on Friday, and the pair turned lower again to two-month lows at the 0.6415 area, which is being tested at the time of writing.The US Dollar is outperforming its main peers, underpinned by a moderate risk-averse market.
New
2025.08.22 20:56USD/CNH is likely to trade in a range between 7.1760 and 7.1900 - Scotiabank
US Dollar (USD) is likely to trade in a range between 7.1760 and 7.1900. In the longer run, USD is expected to trade in a range of 7.1730/7.2000, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
New
2025.08.22 20:53JPY soft despite as-expected CPI - Scotiabank
The Japanese Yen (JPY) is down 0.2% against the US Dollar (USD) and underperforming all of the G10 currencies with the exception of NOK, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
New
2025.08.22 20:49USD/JPY: Chance for USD to test 148.80 - UOB Group
There is a chance for USD to test 148.80; a sustained break above this level seems unlikely. In the longer run, rapid increase in momentum indicates USD could above 148.80, potentially reaching 149.20, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.22 20:47NZD/USD to test 0.5800 before the risk of a recovery increases - UOB Group
There is a chance for New Zealand Dollar (NZD) to test 0.5800 before the risk of a recovery increases. In the longer run, sharp drop seems excessive; for a continued decline, NZD must first break and hold below 0.5800, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.08.22 20:44GBP flat vs. USD and outperforming G10 - Scotiabank
The Pound Sterling (GBP) is entering Friday's NA session flat vs. the US Dollar (USD) and showing some signs of near-term stability following a bounce off of support at 1.34, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
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2025.08.22 20:39Disclaimer:
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