NZD/USD staged a correction after coming with a few pips of 0.6800. US Dollar Index struggles to hold above 93.00 in American session. Consumer confidence in the US strengthened in September. The NZD/USD pair rose to its highest level since April 2019 at 0.6798 on Friday but staged a correction and returned to 0.6760 area in the early American session. With the greenback struggling to find demand, however, the pair regained its traction and advanced toward 0.6780 region, where it was up 0.35% on the day. On Friday, New Zealand’s finance minister, Grant Robertson, argued that the Reserve Bank of New Zealand (RBNZ) would opt out to leave rates unchanged until March of 2021 if the recovery were to be stronger than expected. Boosted by this comment, NZD/USD surged higher during the Asian trading hours. DXY looks to snap two-week winning streak On the other hand, the US Dollar Index (DXY) spent the first half of the day moving sideways below 93.00. Although the index edged higher following an uninspiring opening in Wall Street, it struggled to preserve its momentum and was last posting small daily losses at 92.83. Unless it climbs to 93.30 before the end of the day, the DXY will snap a two-week winning streak. The only data from the US on Friday showed that the University of Michigan’s Consumer Sentiment Index improved to 78.9 in September’s advanced estimate and beat the market expectation of 75. Nevertheless, this report had little to no impact on market sentiment. Technical levels to watch for FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Boris’ Brexit climbdown insufficient to keep pound afloat Yohay Elam 2 years NZD/USD staged a correction after coming with a few pips of 0.6800. US Dollar Index struggles to hold above 93.00 in American session. Consumer confidence in the US strengthened in September. The NZD/USD pair rose to its highest level since April 2019 at 0.6798 on Friday but staged a correction and returned to 0.6760 area in the early American session. With the greenback struggling to find demand, however, the pair regained its traction and advanced toward 0.6780 region, where it was up 0.35% on the day. On Friday, New Zealand's finance minister, Grant Robertson, argued that the Reserve Bank of New… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.