• NZD/USD -0.1% Fri as losing streak extends into eighth-consecutive day

• RBNZ's hawkish rhetoric lending no support to NZD whatsoever

• Futures pricing currently imply 64.4% probability of RBNZ hike Jul 8

• Strait of Hormuz evacuation paused after Iran attacks cargo ship

• U.S. PCE prices rise as anticipated, broad USD index +0.1% Fri

• RBNZ Manager Forecasting Truong speaks Fri, Anna Breman at BIS conference

• Range NZ 0.5643-525, support 5580, resistance 0.5990-95 0.6012 0.6093
NZD Daily 55-DMA


DXY Daily 55-DMA

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