-
Posted by
Two Blokes Jun 4 -
Filed in
Forex
-
2 views
NZD/USD pulls back from an eight-month high of 0.6055, trading around 0.6010 during the Asian hours on Tuesday. The pair depreciates as the New Zealand Dollar (NZD) struggles, possibly due to softer-than-expected Terms of Trade Index data, which increased 1.9% quarter-on-quarter in the first quarter, down from a 3.1% increase in the previous quarter and below market forecasts for a similar 3.1% rise.
