OctaFX | OctaFX Forex Broker
Open trading account

NZD/USD potential drop to 0.8000 – Westpac

FXStreet (Edinburgh) - Strategists at Westpac see the pair hitting the key barrier at 0.8000 within the next month.

Key Quotes

NZD/USD’s negative momentum remains intact”.

“Broad US dollar strength should keep the pair on the back foot during the week ahead, as should the possibility of another reduction to the milk payout forecast by Fonterra”.

“We continue to target 0.8000 during the month ahead, with the main risk to this view being a corrective dip in the stretched US dollar”.

GBP/USD retreated below 1.64 again, but new attacks in store

GBP/USD opened the trades at 1.6388, hit 1.6412 Asian high, but retreated to current 1.6385 area.
Read more Previous

Sweden Consumer Confidence (MoM) up to 102.4 in September from previous 96.9

Read more Next
Start livechat