The post Likely to trade in a range between 0.5725 and 0.5755 – UOB Group appeared on BitcoinEthereumNews.com. Quiet price action provides no fresh clues; New ZealandThe post Likely to trade in a range between 0.5725 and 0.5755 – UOB Group appeared on BitcoinEthereumNews.com. Quiet price action provides no fresh clues; New Zealand

Likely to trade in a range between 0.5725 and 0.5755 – UOB Group

Quiet price action provides no fresh clues; New Zealand Dollar (NZD) is likely to trade in a range between 0.5725 and 0.5755. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

Quiet price action provides no fresh clues

24-HOUR VIEW: “When NZD was at 0.5740 in the early Asian session yesterday, we pointed out that ‘the slight increase in downward momentum is likely to lead to a lower range of 0.5720/0.5765 rather than a continued decline’. However, NZD traded in a narrow range between 0.5731 and 0.5755. The quiet price action provides no fresh clues. Today, NZD is likely to trade between 0.5725 and 0.5755.”

1-3 WEEKS VIEW: “On Wednesday (13 Jan, spot at 0.5770), we highlighted that ‘the recent downward pressure has eased, and for the time being, NZD ‘is likely to trade in a range between 0.5720 and 0.5805’. There is no change in our view.”

Source: https://www.fxstreet.com/news/nzd-usd-likely-to-trade-in-a-range-between-05725-and-05755-uob-group-202601150957

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.05869
$0.05869$0.05869
-1.65%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Moldova to regulate cryptocurrency ownership and trading in 2026

Moldova to regulate cryptocurrency ownership and trading in 2026

The Eastern European nation of Moldova will regulate cryptocurrency ownership and transactions as part of a comprehensive framework to be adopted this year. Admittedly
Share
Cryptopolitan2026/01/16 00:25
Disney Pockets $2.2 Billion For Filming Outside America

Disney Pockets $2.2 Billion For Filming Outside America

The post Disney Pockets $2.2 Billion For Filming Outside America appeared on BitcoinEthereumNews.com. Disney has made $2.2 billion from filming productions like ‘Avengers: Endgame’ in the U.K. ©Marvel Studios 2018 Disney has been handed $2.2 billion by the government of the United Kingdom over the past 15 years in return for filming movies and streaming shows in the country according to analysis of more than 400 company filings Disney is believed to be the biggest single beneficiary of the Audio-Visual Expenditure Credit (AVEC) in the U.K. which gives studios a cash reimbursement of up to 25.5% of the money they spend there. The generous fiscal incentives have attracted all of the major Hollywood studios to the U.K. and the country has reeled in the returns from it. Data from the British Film Institute (BFI) shows that foreign studios contributed around 87% of the $2.2 billion (£1.6 billion) spent on making films in the U.K. last year. It is a 7.6% increase on the sum spent in 2019 and is in stark contrast to the picture in the United States. According to permit issuing office FilmLA, the number of on-location shooting days in Los Angeles fell 35.7% from 2019 to 2024 making it the second-least productive year since 1995 aside from 2020 when it was the height of the pandemic. The outlook hasn’t improved since then with FilmLA’s latest data showing that between April and June this year there was a 6.2% drop in shooting days on the same period a year ago. It followed a 22.4% decline in the first quarter with FilmLA noting that “each drop reflected the impact of global production cutbacks and California’s ongoing loss of work to rival territories.” The one-two punch of the pandemic followed by the 2023 SAG-AFTRA strikes put Hollywood on the ropes just as the U.K. began drafting a plan to improve its fiscal incentives…
Share
BitcoinEthereumNews2025/09/18 07:20
JuanHand: Double-digit loan growth likely ’til 2030

JuanHand: Double-digit loan growth likely ’til 2030

JUANHAND Lending Corp. expects the Philippine financial technology (fintech) industry to sustain high-double-digit loan growth through 2030, after a resilient performance
Share
Bworldonline2026/01/16 00:04