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Back Fundamental analysis
NZD/USD. Analysis and Forecast
At present, NZD/USD is demonstrating moderate
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At present, NZD/USD is demonstrating moderate activity and attracting buyers. However, a strong continuation of the upward movement has yet to materialize, as the market remains within its familiar weekly range.The US dollar continues to struggle to attract buying interest, staying near a three-year low. This three-year low acts as a key support factor for the NZD/USD pair, as dollar weakness supports the appreciation of the New Zealand dollar.Market participants are factoring in the possibility of the Federal Reserve resuming
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