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Aug 22 - 11:00 PM
NZD/USD - Moving Higher On Orr Comments
First appeared on eFXplus on Aug 22 - 08:05 PM
  • RBNZ Governor told Bloomberg they can now afford to wait on monetary policy
  • Orr comment alludes to the factors behind decision to cut 50 BPs last month
  • His comments were made at Jackson Hole to Bloomberg TV nS9N23B01M
  • NZD/USD trading around 0.6390 after closing NY session at 0.6362
  • NZD/USD worst performing CCY Thursday after stops below 0.6375 triggered
  • Tough resistance at 10-day MA (0.6419) which has held since July 24

nzd/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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