New Zealand Dollar Sets to Stay in Range Between 0.5715 and 0.5755
The New Zealand Dollar is set to remain within a defined range, expected to fluctuate between 0.5715 and 0.5755. Analysts from UOB Group, Quek Ser Leang and Peter Chia, predict that over the longer term, the NZD could gradually decline towards a significant support zone between 0.5650 and 0.5670. This outlook suggests stability within the specified range for the near future. Traders should stay alert to market movements that could alter this assessment.