WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

New Zealand Dollar

Posted by Joseph Trevisani on Mar 20, 2013 5:58:00 PM

The rate jumped to 0.8280 within seconds of Q4 GDP release which was much higher than consensus at +1.5% q/q (MNI median +0.8%). Kiwi is now off that level at 0.8261 vs 0.8230 before the release. Key resistance of 0.8285 still stands.

 

MNI

 

Chart Bloomberg

ScreenHunter 824 Mar. 20 18.01 resized 600

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!