NZ Dollar doesn't look ready to weaken yet

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Today's Highlights US Fed hints at December interest rate hike NZ interest rates on hold but a cut in December is possible FX Market Overview The US Dollar rallied significantly yesterday evening after the Federal Reserve inexplicably increased the likelihood of a December interest rate hike. The Euro-US Dollar rate pushed lower again but the $1.09 level is proving resilient and could start to form a support level. Against the Pound, on a day in which there was virtually no UK data, it was

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