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Aug 23 - 11:55 PM

NZD/USD - Holds Gains But Virus Concerns Cap Rise

By Krishna K  —  Aug 23 - 10:09 PM
  • NZD/USD consolidates after rallying 0.9% Monday on improved risk sentiment

  • Supported by perception Fed may delay tapering on Delta variant concerns

  • Funds trim hawkish Fed bets on lower U.S. growth outlook nL8N2PU06P

  • Bullish USD bets pared ahead of Jackson Hole event nL4N2PV0IT

  • Rallies to be limited as New Zealand COVID-19 cases rise nW9N2KO02E

  • Resistance 0.6915, 0.6945-50, support 0.6870-75, 0.6835-40

  • For more click on FXBUZ


RISCO FED: Click here

Source:
Refinitiv IFR Research/Market Commentary

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