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TDUX
Jun 23 - 08:55 PM

NZD/USD - Dives As Risk Appetite Goes Into Retreat

By James Connell  —  Jun 23 - 08:00 PM

• NZD/USD -0.9% from Tue 0.5717 high as tech stock rout dents risk appetite

• Pair looks set to extend lower after breaking through key 0.5680 support

• Broad USD index continues to strengthen, makes fresh 101.43 13-month high

• FFR rate hike bets increasing as Fed officials swing more hawkish

• U.S. Senate advanced legislation requiring Trump to end Iran military action

• RBNZ Governor Breman will attend the annual closed-door BIS conference Fri

• Range NZ 0.56657-69, support 5580, resistance 0.5990-95 0.6012 0.6093
NZD Daily 55-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
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