交易新闻
10 Apr 2013
Forex: NZD/USD in fresh highs, eyes on 0.8580
FXstreet.com (Barcelona) - The kiwi dollar is extending its intraday upside on Wednesday, eyeing 0.8580 ahead of the Business PMI in the NZ economy for the month of March (56.3 prev.).
The demand for both the kiwi dollar and its fellow neighbor the Aussie have been boosted after BoJ’s H.Kuroda has announced its QQE programme last Thursday, with increased and cheap liquidity flowing in the region in search of higher yields.
At the moment, the cross is advancing 0.52% at 0.8573 facing the next resistance at 0.8667 (high Aug.4) ahead of 0.8678 )high Aug.3) and finally 0.8785 (high Aug.2).
On the flip side, a breakdown of 0.8515 (hourly low Apr.10) would expose 0.8490 (hourly high/low Apr.9).
The demand for both the kiwi dollar and its fellow neighbor the Aussie have been boosted after BoJ’s H.Kuroda has announced its QQE programme last Thursday, with increased and cheap liquidity flowing in the region in search of higher yields.
At the moment, the cross is advancing 0.52% at 0.8573 facing the next resistance at 0.8667 (high Aug.4) ahead of 0.8678 )high Aug.3) and finally 0.8785 (high Aug.2).
On the flip side, a breakdown of 0.8515 (hourly low Apr.10) would expose 0.8490 (hourly high/low Apr.9).