NZD remains the top performing G10 currency over the past 1, 2, 3 and 4 months, helped by a strong of positive data surprises, according to Imre Speizer, Research Analyst at Westpac.
Key Quotes
“There’s scope for more next week, and even into Dec and Jan, with the GDP and CPI releases likely to be firm.”
“As long as the US dollar remains subdued, NZD/USD could break above 0.6885 next week, the 0.6910 level a fair target (50% retracement).”
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