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April 04, 2023Currently trading at 0.631, NZD/USD remains range-bound between 0.6278 and 0.6316.
New Zealand Interest Rate is next tomorrow at 02:00 UTC.
Meanwhile, United States JOLTs Job Openings (Feb) released today at 14:00 UTC with a figure of 9.93 million, while the previous figure was 10.56 million. Fresh Retail Price Index data from New Zealand came out at -4.7. New Zealand Business Confidence came out at -66, while a consensus of analysts was expecting -40.
Elsewhere, other currency pairs are also gaining ground as having closed the previous session at 1.6065, EUR/AUD is up 0.97% today to currently trade at around 1.6221. GBP/CAD is up 0.83%.
Meanwhile, USD/CHF falls 0.71% to trade around 0.9058.
Furthermore, the market is looking at United States Crude Oil Inventories is projected to outperform its last figure with -1.8 million, having previously been at -7.49 million. The figure will be published tomorrow at 14:30 UTC.
The market is looking forward to the release of new data: New Zealand Interest Rate figure is projected at five. It previously stood at 4.75; data will be released tomorrow at 02:00 UTC. New Zealand RBNZ Rate Statement will be released tomorrow at 02:00 UTC.
Having set a significant low of 0.5566 5 months ago, the Kiwi is trading 13.12% higher.
