NZD/USD is sitting above 0.6520, up 0.17% on a day, as the kiwi enjoys risk-on environment. Economists at ANZ Bank expect the global recovery to slow down, hurting NZD, but not for now. Key quotes “Kiwi continues to play follow the leader with global risk, breaking through the 0.6500 resistance level to be sitting comfortably above 0.6510 – until, that is, the next move in global sentiment carries it away.” “Global economic fundamentals remain fragile, and it’s likely to be a long road to recovery with the pace slowing as we get closer to the finish line. That should cap the upside in global risk assets and the kiwi, but that’s not the story for the here and now.” “Support 0.6430 Resistance 0.6575” 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 UK’s Shapps: To relax England’s quarantine rules for summer travellers from 50+ countries FX Street 3 years NZD/USD is sitting above 0.6520, up 0.17% on a day, as the kiwi enjoys risk-on environment. Economists at ANZ Bank expect the global recovery to slow down, hurting NZD, but not for now. Key quotes “Kiwi continues to play follow the leader with global risk, breaking through the 0.6500 resistance level to be sitting comfortably above 0.6510 – until, that is, the next move in global sentiment carries it away.” “Global economic fundamentals remain fragile, and it’s likely to be a long road to recovery with the pace slowing as we get closer to the finish line. That should cap… 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.
