Friday , 10 January 2025
Home Forex NZD/USD: Sustained break below 0.5570 seems unlikely – UOB Group
Forex

NZD/USD: Sustained break below 0.5570 seems unlikely – UOB Group

Scope for the New Zealand (NZD) to test the 0.5570 level; a sustained break below this level seems unlikely. In the longer run, risk for NZD is beginning to shift to the downside, but it must break clearly below 0.5570, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Crude oil settles at $76.57

Crude oil is settling at $76.57 per barrel, up $2.65 or 3.56%....

Deutsche Bank: The pound is losing its sources of support and it’s time to sell

I've been writing since the turn of the year that it will...

Baker Hughes oil rig count -2 at 480

The weekly Baker Hughes Rig count declined in the current week. Oil...

USDCHF up for the 4th day in a row

The USDCHF is up for the 4th day in row. For a...