-
Posted by
Two Blokes Jun 13 -
Filed in
Forex
-
2 views
New Zealand Dollar (NZD) could weaken further against US Dollar (USD), but it is unlikely to reach 0.5970; note that there is another support level at 0.5995. In the longer run, upward pressure has faded; NZD is likely to trade in a range of 0.5970/0.6080 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
