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Kiwi cycles on Thursday amidst pre-NFP market churn, NZD/USD circles 0.6250

Started by forex4you, Jan 05, 2024, 07:01 am

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Jan 05, 2024, 07:01 am
Kiwi cycles on Thursday amidst pre-NFP market churn, NZD/USD circles 0.6250

The NZD/USD kicked into an early intraday peak of 0.6286 in the first half of Thursday's trading, propped up by Chinese Services Purchasing Managers' Index (PMI) figures beating expectations, but a surge in US labor and jobless claims sees investors pulling back to familiar midranges ahead of Friday's US Nonfarm Payrolls (NFP labor print.

Source: Kiwi cycles on Thursday amidst pre-NFP market churn, NZD/USD circles 0.6250
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