NZDUSD TECHNICAL ANALYSIS – THE RISK-OFF SENTIMENT WEIGHS ON THE KIWI

Tina Collins

26 Feb 2025

NZD/USD is drifting back towards key support as the market waits for new catalysts.

USD has strengthened against most currencies due to risk-off sentiment.

Weak US Flash Services PMI and rising long-term inflation expectations contributed to the risk-off mood.

Concerns grow that the Fed may not cut rates quickly enough if inflation remains above target.

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CHINA: RETAIL SALES AND INDUSTRIAL PRODUCTION BEAT EXPECTATIONS

GOLD PRICE SITS NEAR RECORD HIGH, CONTINUES TO DRAW SUPPORT FROM THE GLOBAL FLIGHT TO SAFETY

CHINA FEBRUARY 2025 NEW HOME PRICES FALL 4.9% YoY, 0.1% MoM

WEEK AHEAD – CENTRAL BANKS IN FOCUS AMID TRADE WAR TURMOIL