NZD/USD hits one-month high and then retraces
The New Zealand dollar has been on a two-week climb from 0.6825 and the pair touched 0.7047 today.
The high exactly matches the high on April 24, which was when a three- week selloff began.
New Zealand dollar completes the roundtrip and then fades. Trade balance next.
ByAdam Button
May 23, 2017