• NZD/USD +0.4% from Mon 0.5633 low as markets factor in probable RBNZ hike

• Futures pricing now implies 70.5% chance of 25 bps hike on Jul 8

• NZD may consolidate further, but if 0.5627 breaks expect downside extension

• Opposing claims create uncertainty around Tue's Qatar U.S.-Iran peace talks

• U.S. Supreme Court blocks Trump from firing Fed Governor Lisa Cook

• U.S. Jun non-farm payrolls due Thur, Reuters poll consensus +110k

• Range NZ 0.5650-54, support 0.5627 5580, resistance 0.5991 0.6012 0.6093
NZD Daily 55-DMA

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