* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, June 2, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Rising stars: Young classical musicians surging on social media – Yahoo

    Meet the Next Generation of Classical Music Sensations Making Waves on Social Media!

    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Rising stars: Young classical musicians surging on social media – Yahoo

    Meet the Next Generation of Classical Music Sensations Making Waves on Social Media!

    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

AUD/NZD loses key levels on quiet Monday, focus on Australian GDP data

June 3, 2024
in Business
AUD/NZD loses key levels on quiet Monday, focus on Australian GDP data
Share on FacebookShare on Twitter

On Monday, the AUD/NZD dipped below key technical levels, with the 100 and 200-day SMAs breached.
Current focus is on GDP data from Australia, expected to remain steady.
New Zealand’s manufacturing activity Q1 data on Friday will be closely watched.

The AUD/NZD echoed a bearish technical outlook on Monday, falling below key levels towards 1.0805 as markets await mid-tier data from both nations on a quiet economic schedule at the beginning of the week.

In Australia, markets will anticipate Wednesday’s Gross Domestic Product (GDP) data. A steady growth of 0.2% QoQ is expected, while a 1.2% YoY rate is projected, a slight dip compared to the Q4 YoY rate of 1.5%. That being said, the AUD’s losses may be limited, thanks to the strong Australian Q1 CPI inflation data and another robust April reading, which hints at the Reserve Bank of Australia (RBA) being one of the last G10 central banks to cut rates in this cycle.

On the other hand, New Zealand will focus on releasing its Q1 manufacturing activity data on Friday. Should the manufacturing output reflect the same upward trend, it might further slow the Reserve Bank of New Zealand’s RBNZ’s rate cuts. The market now forecasts a 75% probability of the first cut happening as late as November.

AUD/NZD technical analysis

Technical indicators have turned bearish. On Monday, sellers oversaw the breaching of the 100 and 200-day Simple Moving Averages (SMAs). The RSI heads towards the oversold territory, echoing a similar sentiment, while the MACD histogram continues to confirm this downward momentum with its persistent formation of red bars.

Despite the bearish patterns unfolding, the focus will be whether the downward trend can be sustained or if there will be an upward correction as markets continue to assess the upcoming economic data releases.

AUD/NZD daily chart

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FXStreet – https://www.fxstreet.com/news/aud-nzd-loses-key-levels-on-quiet-monday-focus-on-australian-gdp-data-202406031849

Tags: businesslevelsloses
Previous Post

Dow Jones Industrial Average tumbles 200 points after ISM PMI miss

Next Post

US Dollar declines as ISM PMIs from the US came in weak

Frans and Liu receive outstanding paper in landscape ecology award – Michigan State University

Frans and Liu receive outstanding paper in landscape ecology award – Michigan State University

June 2, 2025
‘Amazing Worlds of Science Fiction and Science Fact’ Review: An Education in Exoplanets – WSJ

Exploring the Fascinating Realms of Science Fiction and Fact: A Journey Through Exoplanets

June 2, 2025
2-Year-Old Prodigy Joins ‘High IQ’ Club Mensa as Youngest Member Ever – ScienceAlert

Meet the 2-Year-Old Prodigy Who Just Became Mensa’s Youngest Member Ever!

June 2, 2025
Labubu Fever Ignites a Global Craze for Lifestyle and Investment – iChongqing

Labubu Fever Ignites a Global Craze for Lifestyle and Investment – iChongqing

June 2, 2025
Erin Hills ‘dominates’ Nelly Korda at U.S. Women’s Open, where she finished second – Golfweek

Nelly Korda Falls Short at U.S. Women’s Open as Erin Hills Takes Center Stage

June 2, 2025
Economy Shrank Less Than Previously Thought in First Quarter – Investopedia

Economy Shrank Less Than Previously Thought in First Quarter – Investopedia

June 2, 2025
Rising stars: Young classical musicians surging on social media – Yahoo

Meet the Next Generation of Classical Music Sensations Making Waves on Social Media!

June 2, 2025
Medicaid work rules could leave a million Californians with no health insurance – CalMatters

California’s Medicaid Work Rules: A Million Residents at Risk of Losing Health Coverage!

June 2, 2025
Texas Democrat Beto O’Rourke returns to Houston area for another town hall – Houston Public Media

Beto O’Rourke Makes a Comeback: Join Him for an Engaging Town Hall in Houston!

June 2, 2025
In Indore, Alstom’s advanced metro train and CBTC signalling technology transform urban mobility as revenue service commences – Alstom

Revolutionizing Urban Mobility: Alstom Launches Advanced Metro Train and Cutting-Edge Signalling Technology in Indore

June 2, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (659)
  • Economy (673)
  • Entertainment (21,580)
  • General (15,256)
  • Health (9,716)
  • Lifestyle (676)
  • News (22,149)
  • People (675)
  • Politics (682)
  • Science (15,894)
  • Sports (21,178)
  • Technology (15,660)
  • World (661)

Recent News

Frans and Liu receive outstanding paper in landscape ecology award – Michigan State University

Frans and Liu receive outstanding paper in landscape ecology award – Michigan State University

June 2, 2025
‘Amazing Worlds of Science Fiction and Science Fact’ Review: An Education in Exoplanets – WSJ

Exploring the Fascinating Realms of Science Fiction and Fact: A Journey Through Exoplanets

June 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version