26 Aug 2015
NZD/USD headed toward lowest close in 6 years
FXStreet (Córdoba) - The kiwi is falling again the US dollar on Wednesday and is about to post the lowest daily close since July 2009.
NZD/USD moved to the upside on Asian hours, supported by economic data from New Zealand, attempting to resume the recovery after weakening on Tuesday’s American session. Commodity currencies were also supported by some risk appetite from Wall Street.
After the US durable goods order report it moved to the downside, erased gains and accelerated south below 0.6460/65 (Asian session low). It bottomed at 0.6408 and currently trades at 0.6420/30.
Dudley fails to boost NZD/USD; data ahead
NZD/SUD did not even recovered momentum with NY Fed Dudley comments about a less compelling environment for raising rates. On Thursday, no economic data from New Zealand will be release while in the US it will be a busy day with jobless claims, 2Q GDP and pending home sales.
NZD/USD moved to the upside on Asian hours, supported by economic data from New Zealand, attempting to resume the recovery after weakening on Tuesday’s American session. Commodity currencies were also supported by some risk appetite from Wall Street.
After the US durable goods order report it moved to the downside, erased gains and accelerated south below 0.6460/65 (Asian session low). It bottomed at 0.6408 and currently trades at 0.6420/30.
Dudley fails to boost NZD/USD; data ahead
NZD/SUD did not even recovered momentum with NY Fed Dudley comments about a less compelling environment for raising rates. On Thursday, no economic data from New Zealand will be release while in the US it will be a busy day with jobless claims, 2Q GDP and pending home sales.