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Aug 05 - 08:36 PM
NZD/USD - Moves Lower On ANZ Call For 3 RBNZ Cuts By November
First appeared on eFXplus on Aug 05 - 06:15 PM
  • NZD/USD trading 0.34% lower at 0.6510 from 0.6632 NY close
  • Move lower prompted by ANZ call for RBNZ to cut to 0.75% by November
  • NZD/USD was steadied and recovered overnight due to AUD/NZD selling
  • NZ Q2 jobs data out shortly with market expecting +0.4% jobs growth Q/Q
  • NZD/USD support at 0.6480/90 with break targeting Oct 2018 low at 0.6424

nzd/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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