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NZD/USD: Likely to trade in a range of 0.5725/0.5755 – UOB Group
By FXStreet Insights Team
Date Published: 23 Oct 2025 | Date Modified: 23 Oct 2025
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New Zealand Dollar (NZD) is likely to trade in a range of 0.5725/0.5755. In the longer run, outlook for NZD remains neutral, but a narrower range of 0.5700/0.5770 is likely enough to contain the price movements for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New Zealand Dollar (NZD) is likely to trade in a range of 0.5725/0.5755. In the longer run, outlook for NZD remains neutral, but a narrower range of 0.5700/0.5770 is likely enough to contain the price movements for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Outlook for NZD remains neutral
24-HOUR VIEW: "NZD traded between 0.5737 and 0.5760 yesterday, which was narrower than our expected range of 0.5720/0.5760. Momentum indicators are still mostly flat, but while we continue to expect range-trading, the softer underlying tone suggests a lower range of 0.5725/0.5755."
1-3 WEEKS VIEW: "In our most recent narrative from last Friday (17 Oct, spot at 0.5725), we highlighted that 'the outlook for NZD is neutral now,' and we expected it to 'trade in a range between 0.5685 and 0.5770.' While the outlook remains neutral, a narrower range of 0.5700/0.5770 is likely sufficient to contain the price movements for now."
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