NZDUSD seesaws around the intraday high near 0.5910 while paring the daily loss during the mid-Asian session on Monday.
That said, the NZDUSD pair’s daily RR printed the strongest figure since early May 2022 while flashing 0.395 for Friday, per data source Reuters. It’s worth noting that the market’s risk-off mood, mainly due to China’s covid conditions and anxiety over the US Federal Reserve’s next move keeps the NZDUSD traders on the edge.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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