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U.S. weekly jobless claims unexpectedly decrease

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Daily outlook for NZD/USD

Wednesday, June 17, 2015 8:58 PM UTC

Westpac Research notes:

NZD/USD 1 day: Multi-day downward momentum remains intact despite the FOMC bounce. GDP today poses event risk.

NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in Q2 and Q3 and therefore expect NZD/USD to fall, the next major target 0.6800 (July 2010 low) and after that, 0.6560 (May 2010 low).

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Daily outlook for NZD/USD

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