NZ Dollar Projected to Trade Within Tight Range Against USD
The New Zealand Dollar is anticipated to fluctuate within a narrow range of 0.5900 to 0.5950 against the US Dollar. Analysts from UOB Group provide a mixed outlook in the long term but suggest that NZD is likely to remain under 0.5835 and 0.5985 confines. Awareness of these boundaries can help traders better manage their positions in this volatile market.