NZD/USD - The NZDUSD currency pair is often called 'The Kiwi', as the $1 coin of the currency depicts a kiwi bird. It is one of the 10 most-traded currencies in the world, and gained considerable appeal during the multi-decade commodity boom that took place around the globe. Kiwi appreciation had gotten so high that the Reserve Bank of New Zealand began intervention efforts in 2012, seeking to devalue New Zealand Dollar.
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Weekly New Zealand Dollar and US Dollar Trading Forecast
|New Zealand Dollar May Continue Lower on US Economic News-Flow||bearish|
|US Dollar Turn Can Forge Trend on Fed Decision, NFPs, 2Q GDP||bullish|
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NZD/USD Support & ResistanceW - Weak | M - Moderate | S - Strong
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