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May 23, 2023Struggling to find upward momentum, NZD/USD has shed 6 pips to currently trade at 0.6282 as it ranges between 0.6265 and 0.6304 so far today.
United States Building Permits is next today at 12:00 UTC.
In the meantime, negative performances are seen in other pairs, EUR/JPY decreases 0.11% to trade around 149.66. EUR/CAD is trading around 1.458 (down 16 pips).
Though the Kiwi has been dropping, other pairs have been performing better: USD/CHF added 0.12% to its value, now trading at 0.8989.
Furthermore, New Zealand Interest Rate figure is projected at 5.5. It previously stood at 5.25; data will be released tomorrow at 02:00 UTC. New Zealand RBNZ Rate Statement is scheduled for tomorrow at 02:00 UTC. New Zealand RBNZ Press Conference scheduled to come out tomorrow at 03:00 UTC.
Having set a significant low of 0.5566 7 months ago, the New-Zealand Dollar is trading 13% higher.
