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NZD/USD near daily lows

FXStreet (Córdoba) - The NZD/USD rebounded after bottoming at the beginning of the week at 0.8334, the lowest price since late February. But the recovery from 0.8335 found resistance below 0.8370 and pulled back toward daily lows.

During New York the pair stabilized barely above daily lows and in the last hours it has been steady hovering around 0.8345/50, 0.72% below Friday’s closing price.

The Kiwi is the worst performers among majors and is falling across the board, despite rising stocks. After trading ends in Wall Street, new data from New Zealand will be release, at 22:45 GMT, with the trade balance report.

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