NZD/USD Struggles Near YTD Low as USD Demand Persists

Tuesday, 2 April 2024, 02:28
The NZD/USD pair remains under pressure as it trades close to the year-to-date low due to sustained demand for USD. Despite hovering near the lowest level since November 14, the pair struggles to find significant support, indicating ongoing challenges for the New Zealand dollar against the US dollar.
https://store.livarava.com/8220a423-f0ba-11ee-892f-87cc5c87fb08.jpg
NZD/USD Struggles Near YTD Low as USD Demand Persists

NZD/USD Struggles Near YTD Low: Analysis

The NZD/USD pair oscillates in a narrow trading band during the Asian session on Tuesday and consolidates its recent losses to the lowest level since November 14 touched the previous day. Despite some minor fluctuations, the overall trend remains bearish.

Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe