Bullish currency pair the New-Zealand Dollar runs out of steam at 0.62; currently at 0.6191

After closing the previous trading day at 0.6166, NZD/USD is up to 0.6191, which makes for a move of 0.41%/25 pips today.

A look at other currencies also shows bullish price action as GBP/JPY gained 0.63% and is currently trading at 161.72. EUR/JPY added 0.51% to its value, now trading at 141.76.

While the Kiwi is up today, these currencies are lagging behind: after ending yesterday's session at 1.3512, USD/SGD lost 56 pips and is trading around 1.3456.

The currency pair has been trending lower for about a month. The New-Zealand Dollar is now trading 10.77% away from its significant low of 0.5566 first tested 5 months ago.