NZDUSD New Zealand Dollar vs United States Dollar

0.6043

0.0021 (0.35%)

Last Updated: 20:31:48

Delayed by 15 minutes

Name	Symbol	Market	Type
New Zealand Dollar vs United States Dollar	FX:NZDUSD	Forex	Exchange Rate

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.0021	0.35%	0.6043	0.604	0.6046	0.6044	0.5995	0.6023	0	20:31:48

U.S. Dollar Retreats Against Commodity Currencies After CPI Data

17/12/2014 2:05pm

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NZD vs US Dollar (FX:NZDUSD)
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The U.S. dollar pulled away from its early highs against commodity-related currencies in European deals on Wednesday, as the nation's consumer prices fell more than anticipated in November amid sharp drop in energy prices.

The Labor Department report showed that U.S. consumer price index dropped by 0.3 percent in November after coming in unchanged in October. Economists had expected the index to edge down by 0.1 percent.

The greenback edged down to 0.8201 against the aussie and 0.7757 against the kiwi, after rising to a 4-1/2-year high of 0.8138 and a weekly high of 0.7709, respectively earlier.

Reversing from an early high of 1.1659 against the loonie, the greenback eased back to 1.1620.

Continuation of the greenback's downtrend may see it challenging support around 0.85 against the aussie, 0.78 against the kiwi and 1.15 against the loonie.