23 Dec 2014
NZD/USD remains in a tight rage on light trade
FXStreet (Guatemala) - NZD/USD is trading at 0.7727, up 0.01% on the day, having posted a daily high at 0.7733 and low at 0.7722.
NZD/USD remains within a tight range and lacks liquidity around absent impetus as we wind in for the Christmas break. The data of note has been the trade balance in New Zealand that came in positive and inline with the continued good news story around the New Zealand economy.
Meanwhile, we await the US data in the form of durable goods and GDP numbers coming up this week, but for the meantime, it might be a consolidated session in Asia considering the Japanese holidays and general lack of participants at desks.
NZD/USD remains within a tight range and lacks liquidity around absent impetus as we wind in for the Christmas break. The data of note has been the trade balance in New Zealand that came in positive and inline with the continued good news story around the New Zealand economy.
Meanwhile, we await the US data in the form of durable goods and GDP numbers coming up this week, but for the meantime, it might be a consolidated session in Asia considering the Japanese holidays and general lack of participants at desks.