Kiwi Dollar Price Outlook: NZD/USD Continued Rise Amid USD Weakness 2020-12-11 13:34:00 Richard Snow, Markets Writer
NZD/USD Analysis:
The New Zealand Dollar has benefitted form a shift in risk sentiment towards the Asia-Pacific nation as Covid vaccines are rolled out across developed Western economies
Bullish momentum remains for now, supported by bullish candle (daily chart)
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Kiwi Dollar Stronger amid Sentiment Shift and Weaker USD
New Zealand is one of a few nations that managed to significantly reduce the economic impact the coronavirus has had on its local economy while managing infections in much the same way. The growth-linked currency forms part of a ‘core-perimeter model’ alongside Australia and China, as it tends to benefit from improving economic conditions related to global reco