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Posted by
Two Blokes Jun 5 -
Filed in
Forex
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3 views
New Zealand Dollar (NZD) could edge higher against US Dollar (USD), but any advance is unlikely to threaten this week's high, near 0.6055. In the longer run, rapid buildup in upward momentum indicates further NZD strength; the level to monitor is 0.6095, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
