NZD/USD extends gains after US GDP

FXstreet.com (Córdoba) - The NZD/USD jumped to fresh daily highs as the greenback weakened on the back of disappointing US GDP reading.

NZD/USD rises above 0.7800 after data

NZD/USD, that was already trading positively before the data, extended gains above the 0.7800 mark to hit a fresh 1-week peak of 0.7829 before finding resistance at the 200-hour SMA.

At time of writing, NZD/USD is trading at the 0.7810 area, where it records a 1.0% gain on the day with commodity currencies still among the best performers on Wednesday.