EUR/NZD threatening the 1.70 weekly support

FXstreet.com (Barcelona) – The EUR/NZD foreign exchange cross rate is last trading at 1.7036 near session lows off early session highs barely above the 1.71 handle, suffering from recent massive Euro weakness.

EUR/NZD eases for the week but still strong year to date

The EUR/NZD cross is currently down -0.67% for the week so far, while still more than 7% higher year to date. The agenda for the London session ahead will be full of data Euro related starting with German retail sales at 06:00 GMT, after yesterday’s upsetting unemployment rise, followed by Italian unemployment rate at 08:00 GMT, and EU …read more