4 Jun 2015
NZD/USD drops to 0.7100
FXStreet (Córdoba) - The kiwi is falling against the US dollar for the second day in a row and it has erased most of weekly gains. NZD/USD bottomed at 0.7100 and currently trades at 0.7110/15, 35 pips below the level it had at the beginning of the day.
The pair continues to retreat after approaching on Tuesday to 0.7200. Price is back near the level it ended on Friday, when it posted the lowest weekly close since August 2010.
USD up, stocks downs, yields reverse
Greenback is rising on Thursday particularly against commodity currencies as crude oil drops 2.5% and gold declines to the lowest level in a month. Main stock indexes decline in wall Street. The Dow jones is down 0.73% and the Nasdaq 0.49%. European yields reversed sharply and are down for the day now.
The pair continues to retreat after approaching on Tuesday to 0.7200. Price is back near the level it ended on Friday, when it posted the lowest weekly close since August 2010.
USD up, stocks downs, yields reverse
Greenback is rising on Thursday particularly against commodity currencies as crude oil drops 2.5% and gold declines to the lowest level in a month. Main stock indexes decline in wall Street. The Dow jones is down 0.73% and the Nasdaq 0.49%. European yields reversed sharply and are down for the day now.