NZD/USD: NZD is under pressure

Forex analytics: On Wednesday the largest dairy company of New Zealand “Fonterra” reported the rise in net profit, which was 409 million NZD in the past 6 months compared to 184 million NZD for the previous period. However, this news did not boost the rise in the NZD. After short-term rise at the beginning of the Asian session, the pair NZD/USD continued to decline.Today at 23:45 (GMT+2) foreign trade ...