Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

NZD/USD choppy with a modest bid tone after Tuesday 1.1% sell-off entices profit taking

  • Pair opened Wednesday 0.7224 and traded 0.7218-57; last 0.7255

  • EUR and JPY weakness undermined commodities/commodity ccy's Tuesday

  • USD strength has looked overdone since Monday but sellers in short supply

  • Fonterra board meeting in focus - includes 2015/16 opening milk price

  • Disappointment (below -5.25) will push NZD/USD towards 0.7160-80 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.