Kiwi erases previous losses against Greenback as US GDP falls in Q3

Note: This section contains information in English only.
Source: FXstreet
The Kiwi rebounded strongly versus the US Dollar on Thursday, after being depreciated by the Fed and RBNZ statements, paring most of the losses on the back of the disappointing US GDP data. The NZD/USD was traded 0.1% lower at $0.6692 by 12:37 PM GMT, after recovering from session's low at $0.6648. Meanwhile, the early estimate of the US GDP advanced at annualized rate of 1.5% in third quarter, slowing down significantly compare to a 3.9% growth in the second quarter.

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