• NZD/USD -0.1% Mon, activity subdued despite building macro uncertainty

• NZ Q3 jobs data due Wed (prior 5.6% unemployment, +0.5% jobs growth q/q)

• Futures pricing currently implies 73.6% probability of Dec 9 RBNZ hike

• Attention turns to U.S. midterm elections with control of Congress at stake

• AI trade worries continue to build on capex concerns, Nasdaq -2.9% Fri

• Iran state media reports two tankers damaged by mines in Strait of Hormuz

• NZD fails to sustain rally above 0.5639 21-DMA, drift lower likely

• Range NZ 0.5622-29, support 0.5566 0.5485, resistance 0.5995 0.6012
NZD Daily 21/55/100-DMA

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