11 Feb 2015
NZD/USD: Dropping to fresh lows
FXStreet (Guatemala) - NZD/USD is currently offered and trading 0.7357 at the time of writing, marking a low of 0.7352 from a high of 0.7447.
NZD/USD has been pressured lower over the course of the European and in the American shift on a stronger dollar marking lower lows and highs. Meanwhile, the Kiwi was sold off with the BNZ-BusinessNZ PMI falling 6.2 points in January to 50.9, the lowest level since December 2012. Four of the give main diffusion indexes were in expansion, with production at 47.5 falling to the lowest since April 2012.
NZD/USD has been pressured lower over the course of the European and in the American shift on a stronger dollar marking lower lows and highs. Meanwhile, the Kiwi was sold off with the BNZ-BusinessNZ PMI falling 6.2 points in January to 50.9, the lowest level since December 2012. Four of the give main diffusion indexes were in expansion, with production at 47.5 falling to the lowest since April 2012.