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TDUX
Aug 27 - 08:55 PM

NZD/USD - Treads Water; Jackson Hole, RBNZ Meeting Looming

By James Connell  —  Aug 27 - 07:06 PM

• NZD/USD flat Fri as traders eye key market moving events over coming days

• Fed Chair Warsh speech at Jackson Hole Fri looms as critical focal point

• RBNZ monetary policy meeting outcome due Wed, 25 bps hike widely anticipated

• Fed officials Schmid, Goolsbee, & Hammack all warning on U.S. inflation

• NZD targeting break above 0.5990-95, expect stop-loss buying above

• Range NZ 0.59485-52, support 0.5831 0.5762, resistance 0.5995 0.6012
NZD Daily 55-DMA


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

Source:
London Stock Exchange Group | Thomson Reuters
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