NZD/USD down on soft New Zealand retail sales

Posted On 14 Aug 2015

Tag: AUDUSD, EURGBP, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCHF, USDJPY

NZD
• NZD/USD started at 0.6571 to 0.6513, down due to disappointing New Zealand retail sales.
The volume of retail sales rose a seasonally adjusted 0.1 percent in the three months ended June 30,
shrinking from the 2.3 percent expansion in the March quarter, according to Statistics New Zealand.
That was less than the 0.5 percent expansion forecast.

JPY
• USD/JPY was steady in light Asian session trading, between 124.37-53.
• EUR/JPY traded between 138.64-84, but still heavy.
Focus is on the Greek Parliament vote on the bailout.
• GBP/JPY 194.07-37, AUD/JPY 91.46-88, NZD/JPY hit, 81.76 to 81.07.

EUR
• EUR/USD held onto gains in Asia, trading between 1.1138-61.
• EUR/GBP traded at 0.7135-46, EUR/CHF between 1.0881-88.

GBP
• GBP/USD was steady in quiet and thin Asia trade, range 1.5605-19.
• Some consolidation expected on lack of liquidity but little direction now.

CHF
• USD/CHF was steady in a quiet Asian session, in a range of 0.9753-71.

AUD
• AUD/USD opened in Asia at 0.7360 and traded a 0.7354-85 range.

The post NZD/USD down on soft New Zealand retail sales appeared first on Forex Circles.

Source:: NZD/USD down on soft New Zealand retail sales

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