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April 22, 2023A quick look at yesterday: the Kiwi retained its composure around the 0.614 level after dropping 0.63%.
While price action maintains a negative bias, United States Services PMI came out at 53.7, while a consensus of analysts was expecting 51.5. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 244,600, while the previous figure was 235,600. Fresh CFTC Gold speculative net positions data from United States came out at 189,900.
Positive performances can be seen by looking at other currencies as GBP/NZD is trading around 2.0269 after ending yesterday's session at 2.0122 (up 0.73% today). EUR/NZD is trading around 1.7902 after ending yesterday's session at 1.7752 (up 0.85% today). EUR/AUD went up by 0.94% yesterday, and closed at 1.6419.
The New-Zealand Dollar is now trading 11% away from its significant low of 0.5566 first tested 6 months ago.
