Friday, October 16, 2026

Technicals

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NZD/USD trades in thin range

NZD dull in 0.7623/0.7660 range in subdued Asian session, sits 0.7635/38 Weaker than forecast Feb trade surplus/stronger than forecast yearly deficit triggered early offers Offshore low of 0.7613 stayed in place with sel…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD dull in 0.7623/0.7660 range in subdued Asian session, sits 0.7635/38

  • Weaker than forecast Feb trade surplus/stronger than forecast yearly deficit triggered early offers

  • Offshore low of 0.7613 stayed in place with sell-off limited to 0.7623

  • Fonterra shareholders fund dropped 7.2% on disappointing half year result 

 

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By FxWirePro Team