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Forex Flash: NZD/USD on 0.8150-0.8450 range until picture clears up - BNZ

By FXstreet.com,  January 07, 2013, 06:30:00 PM EDT

FXstreet.com (Barcelona) - On its daily report, New Zealand based-analyst for BNZ, Mike Jones, still expects the Kiwi to continue its steady trading around the 0.8150-0.8450 range, "until currency volumes return to normal and local economic data provides investors with a picture of in what shape the NZ economy finished 2012" Mike notes. With regards to any major fundamental report in New Zealand, Mike notes "there's very little in the way of important local data this week (just building permits and trade data), and the first of the heavyweight releases does not comes until next week with the Q4 QSBO business survey and CPI."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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