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TDUX
Jun 03 - 08:55 PM

NZD/USD - Falls As Middle East Re-Escalation Dents Sentiment

By James Connell  —  Jun 03 - 07:29 PM

• NZD/USD -1.1% from Thur 0.5935 high as flaring U.S.-Iran hostilities weigh

• U.S. strikes Qeshm Island & Iran hits Kuwait's airport in fresh engagements

• USD index +0.3%, WTI +1.9% to $95.30 a barrel and U.S. equities soften

• U.S. State Department says Lebanon & Israel agreed to ceasefire

• U.S. initial jobless claims due Thur, Reuters poll consensus 213k

• NZD nearing 0.5861 55-DMA, break below 0.5615 support will accelerate rout

• Range NZ 0.58585-74, support 0.5815 0.5680, resistance 0.5990-95 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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