NZD/USD Price Analysis: Maintains its position below 0.6000 ahead of US jobs data
NZD/USD retreats from the weekly high, hovering below the 0.6000 psychological level during the European hours on Thursday.
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NZD/USD retreats from the weekly high, hovering below the 0.6000 psychological level during the European hours on Thursday.
The NZD/USD is slipping back on Thursday and is set for its worst trading day in a month, down over 1.2% from the day's high of 0.6037.
The New Zealand Dollar (NZD) climbs 0.36% against the US Dollar (USD), with buyers reclaiming the 0.6000 figure on Wednesday, courtesy of mixed data in the United States (US).
The NZD/USD pair attracts some dip-buying during the Asian session on Wednesday and climbs back above the 0.6000 psychological mark in the last hour.
The New Zealand Dollar (NZD) continues to build on the previous day’s gains midweek after a raft of positive growth stories from China, its largest trading partner, boosted the prospects for exports.