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NZD/USD rejected from above 0.8400

FXStreet (Córdoba) - The NZD/USD rose during the Asian session and reached levels on top of 0.8400; also on European hours trades above the mentioned level but both times it was rejected. After the release of US economic data Greenback gained momentum and pushed the NZD/USD to the downside.

The pair bottomed on American hours at 0.8364, a few pips above daily lows that lie at 0.8361. During the last two hours the NZD/USD moved off session lows and it was trading at 0.8382, 10 pips above yesterday's closing price.

NZD/USD trimming weekly losses

Despite rising today for the second day in a row, is still trading below the price it had at the beginning of the week. The New Zealand dollar and the Euro are so far the worst performer among the most traded currencies so far during the current week.

USD/JPY finds resistance at 103.85

The USD/JPY lost bullish momentum above 103.80 and pulled back modestly. After the release of US data the pair rose to 103.85 but failed to consolidate above 103.80.
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EUR/USD is trading at 1.3181, down -0.09% on the day, having posted a daily high at 1.3222 and low at 1.3160.
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