Daily FX Wrap and Strategy

The NZD/USD showed a bit of volatility at the end of the week to close around 0.8320. With the stalemate in US fiscal negotiations continuing to prevail at the end of the week, the NZD/USD bobbed sideways around the 0.8300 level for much of Friday. Breaking higher early on Saturday morning it soon found resistance approaching the 0.8350 level, drifting off to close the week at 0.8320.

Read the full report: FX Daily

 

BNZ