NZD/USD responds to latest market events with a pullback to 0.6600
Sluggish data at home and doubts over global economic growth triggered the NZD/USD pair’s pullback to 0.6600 at the start of Wednesday’s Asian session as traders await fresh catalysts.
The Kiwi pair benefited from the US Dollar (USD) weakness and upbeat first-quarter terms of trade data from New Zealand on Tuesday.
- Downbeat daily prices, concerns of global economic weakness trigger the Kiwi pullback.
NZD/USD SHORT (Sell)
Enter at: 0.66380