Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 06 - 01:55 AM

NZD/USD - Wilts In Resolutely Risk-Averse Asia; Rate Hike No Cure

By Krishna K  —  Oct 06 - 01:08 AM
  • NZD/USD down 0.5% in Asia as stocks drop, shrugging off +ve Wall Street lead

  • Higher U.S. yields weigh; 10-year yield @ 1.5730%, highest since June 17

  • RBNZ raises rates 25 bps as expected, says further moves likely nL4N2R13LL

  • First rate hike in 7 years was well flagged and discounted by markets

  • Rising commodity pxs, energy costs raise inflation fears, dampen risk mood

  • Support 0.6920, 0.6900-05, 0.6880-85, resistance 0.6950-55, 0.6975-80

  • For more click on FXBUZ



Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!