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May 15, 2023
Tentatively higher from an earlier low of 0.6185, NZD/USD is up to 0.6216 today, adding 22 pips, or 0.37%, to Friday's closing price of 0.6193.
Other currencies are also rising as having closed the previous session at 147.29, EUR/JPY is up 0.44% today to currently trade at around 147.94. Having closed the previous session at 169, GBP/JPY is up 0.44% today to currently trade at around 169.72. USD/JPY climbs 0.3% to trade around 136.16.
Also worthy of note, United States Retail Sales is projected to outperform its last figure with 0.7%. It previously stood at -0.6%; data will be released tomorrow at 12:30 UTC. United States Core Retail Sales is projected to outperform its last figure with 0.4%, having previously been at -0.4%. The figure will be published tomorrow at 12:30 UTC.
Furthermore, the market is looking at New Zealand Retail Price Index is expected tomorrow at 15:00 UTC.
Having set a significant low of 0.5566 7 months ago, the New-Zealand Dollar is trading 11.27% higher.
