After analyzing the recent movement of the New Zealand Dollar (NZD), it is evident that there is still potential for the currency to drop below 0.6000. UOB Group FX strategists Quek Ser Leang and Peter Chia have noted that the NZD has shown signs of weakness and could continue to decline in the near future.
Forex News
EUR/USD has seen a slight uptick to 1.0895 in the early Asian trading session on Monday, marking a 0.12% increase for the day. This movement can be attributed to various factors, including statements from key central bank officials and upcoming economic indicators. The Federal Reserve’s stance on a potential rate cut, as highlighted by Fed’s