NZD/USD dips towards 0.6800 amid a mixed market mood

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NZD/USD dips towards 0.6800 amid a mixed market mood By christianborjon NZDUSD Majors Macroeconomics Sentiment Technical Analysis

The NZD/USD falls as traders head into the weekend, down 0.71% in the week.

an upbeat market mood spurred by Russia’s President Putin saying that the discussions with Ukraine had taken a positive turn. Later it crossed the wires thatreported Bloomberg. At 0.6812, the NZD/USD reflects the sudden shift in the market towards a risk-off In the Asian session, the New Zealand macroeconomic docket featured the Business Performance of Manufacturing Index, which rose to 53.6 in February. “Underlying unease will certainly be piqued by the sustained high COVID case numbers as we go into March.

 

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