NZD/USD lost momentum just above the 0.5900 area.
NZD/USD lost ground to 0.5910 after retreating from weekly highs of 0.5935.
Latest data from Statistics New Zealand revealed on Tuesday that the country's e-card retail sales in August reached 3.7% year-on-year from 2.2%.
Additionally, economic developments in China provide upside for the Chinese-mandated New Zealand Dollar (NZD) and limit the downside of the NZD/USD pair.
Latest data from Statistics New Zealand revealed on Tuesday that the country's e-card retail sales in August reached 3.7% year-on-year from 2.2%.
Additionally, economic developments in China provide upside for the Chinese-mandated New Zealand Dollar (NZD) and limit the downside of the NZD/USD pair.
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good luck.
