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Posted by
Two Blokes Jun 4 -
Filed in
Forex
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2 views
The New Zealand Dollar turned lower on Tuesday, weighed by a stronger US Dollar, but downside attempts have been contained at the 0.5990-0.6000 area, which keeps the broader upward trend intact. The Kiwi retreated from year-to-date highs, at 0.6050, following stronger-than-expected US job openings numbers, that eased concerns about US debt and trade tariffs, at least momentarily, and provided a moderate impulse to an ailing US Dollar.
