The New Zealand dollar struggled to recover. Retail sales and milk prices take center stage. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
The RBNZ’s financial stability report expressed worries about falling milk prices and elevated house prices in Auckland, but failed to rock the boat as currency movements weren’t mentioned. In the US, a rate hike is gradually getting closer.
Read the rest of the article NZD/USD Forecast Nov. 16-20