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April 21, 2023NZD/USD is grinding lower from 0.6179 to 0.6156, shedding 22 pips (0.37%) today.
On the flip side, United States Initial Jobless Claims published yesterday at 12:30 UTC came out at 245,000, falling short of the 240,000 projections and continuing its decline from the previous 240,000 figure.
While price action maintains a negative bias, United States Existing Home Sales (Mar) came out at 4.44 million, while a consensus of analysts was expecting 4.5 million. United States Philadelphia Fed Manufacturing Index (Apr) released yesterday at 12:30 UTC with a figure of -31.3, while the previous figure was -23.2.
In the meantime, negative performances are also seen in other pairs as EUR/JPY is trading around 146.88 (down 38 pips).
Positive performances can be seen by looking at other currencies as GBP/NZD climbs 0.42% to trade around 2.0208. EUR/NZD ascends 0.34% to trade around 1.7812.
Furthermore, New Zealand Retail Price Index is expected today at 11:00 UTC.
The New-Zealand Dollar is now trading 4.53% below its 3-month high of 0.6804.
