Trade n Trend

Home » New zealand » NZD/USD nears 0.6700

NZD/USD nears 0.6700

The NZD/USD pair trades almost unchanged at fresh session highs of 0.6692, having posted fresh session lows at 0.6668 in the Asian session. The Kiwi caught a fresh bid-wave and swung back higher in an attempt to conquer 0.67 barrier, after the US dollar shed some gains against its major peers. The USD index eased to 96.31, still up 0.15% on the day.

Focus Upcoming data

Looking ahead, markets now await a slew of significant economic releases from China and the US due later this week for further momentum on the pair.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: