Home / Market Update / Forex Market / NZD/USD Advances on Positive Economic Data

NZD/USD Advances on Positive Economic Data

The New Zealand Dollar (NZD) is rising against the US Dollar (USD) on Tuesday, after data showed an increase of the Global Daily Trade (GDT) Price Index.

The GDT recorded a 3.6% increase this week, after falling by 1% in the week before.

The NZD/USD is trading higher by 0.18% for the day at 0.6712.

Support Levels: 0.6668 – 0.6636 – 0.6611

Resistance Levels: 0.6725 – 0.6750 – 0.6782

Check Also

Is China Withdrawing From US Treasuries?

While Chinese investors are increasingly diversifying away from US Treasuries toward European and other assets, …