NZD/USD Surges Amidst Rising Stocks Ahead of Thanksgiving Holiday
· Forex · QuoteReporter
NZD/USD Surges Amidst Rising Stocks Ahead of Thanksgiving Holiday
Published: November 26, 2025
Market Overview
Stocks have seen a rise ahead of the Thanksgiving holiday, building on the robust gains experienced throughout the week. Investors are keenly monitoring potential catalysts, particularly those that could influence the Federal Reserve’s upcoming decisions on interest rates. On another note, artificial intelligence is poised to replace approximately 11.7% of the U.S. workforce, impacting sectors such as finance, healthcare, and professional services, according to a recent study by MIT.
In the UK, the government’s borrowing costs have experienced fluctuations as official economic forecasts were released earlier than expected. This comes prior to the announcement of the Autumn Budget, where Finance Minister Rachel Reeves revealed tax hikes following an accidental leak of policy measures. Meanwhile, European pharma companies like Novo Nordisk and AstraZeneca are facing pricing pressures from multiple fronts, notably the U.S. Medicare negotiations. These developments could have significant implications for the forex market, and are being closely watched by investors and analysts alike.
Major Currency Pairs Performance
| Currency Pair | Price | Daily % | Weekly % | Monthly % |
|---|---|---|---|---|
| EUR/USD | 1.15878 | +0.16% | +0.53% | -0.84% |
| USD/JPY | 156.48200 | -0.24% | -0.41% | +3.61% |
| GBP/USD | 1.32324 | +0.99% | +1.34% | -1.26% |
| USD/CHF | 0.80417 | -0.49% | -0.12% | +0.98% |
| AUD/USD | 0.65176 | +0.84% | +0.63% | +0.10% |
| USD/CAD | 1.40374 | -0.48% | -0.07% | -0.02% |
| NZD/USD | 0.56938 | +1.52% | +1.64% | -0.48% |
Performance Charts
Best Daily Performer
Technical Analysis: 1. The NZD/USD pair exhibits a moderately bullish trend, as the pair is trading above its 50-day SMA, but still below its 200-day SMA.
2. Key technical levels to watch are the resistance at the 200-day SMA and support at the 50-day SMA; the pair is currently consolidating within this range.
3. In the short-term, if the NZD/USD pair can maintain its momentum and break above the 200-day SMA, it could signal further bullishness; however, a move below the 50-day SMA could suggest a potential bearish reversal.
Worst Daily Performer
Technical Analysis: 1. The USD/CHF pair is currently experiencing a short-term downtrend, as indicated by today’s 0.49% decrease and its position in the higher end of the 20-day range.
2. Key technical levels to watch include the 200-day SMA as a potential resistance level, and the pair appears to be forming a bearish continuation pattern, suggesting further downside.
3. The short-term outlook suggests potential further losses, however, the monthly increase of 0.98% indicates an underlying bullish sentiment which could counteract this if key resistance levels are broken.
Normalized Performance – All Majors (3 Months)
Disclaimer
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