The New Zealand dollar was looking to recover but eventually closed in the same level. Milk prices and business confidence stand out. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
New Zealand visitor arrivals rose by 0.2% in October, lower than beforehand. Trade balance came out in a deficit, but was smaller than expected. In the US, data was OK, continuing to support a rate hike.
Read the rest of the article NZD/USD Forecast Nov. 30 – Dec. 4