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The USD is the weakest and the NZD is the strongest as the NA session begins.
The NZD is the strongest of the major currencies while the USD is the weakest as the NA session begins. The NZD is back higher as the markets prepare for the RBNZ rate decision to take place in the new trading day tomorrow (8 PM ET). The expectations are for a 75 basis point hike. Yesterday, the NZDUSD fell below the 100 hour MA but stalled just ahead of the 200 hour MA. Today, the price has moved back above the 100 hour MA at 0.61338 (up 0.87% and the strongest of the major currency pairs)... Read More
Posted: Nov 22 2022, 13:10
Author Name: forexlive
Views: 1107100