Article taken from: finance.yahoo.com
A stronger U.S. Dollar drove the New Zealand Dollar lower on Friday as well as concerns over the domestic economy. The greenback rose after strong U.S. housing data confirmed the resilience of the U.S. consumer.
U.S. homebuilding surged to a 13-year high in December suggesting the housing market recovery was back on track amid low mortgage rates.
On Friday, the NZD/USD settled at .6611, down 0.0023 or -0.35%.
Daily NZD/USD More Daily Swing Chart Technical Analysis The main trend is up according…
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