eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• NZD/USD drifts close to 10-week lows as DXY firms & oil supply concerns ease
• RBNZ Governor Anna Breman scheduled to provide economic update Tue
• Break below 0.5700-05 support zone will trigger slide toward 0.5627 ytd low
• Fed's Goolsbee says faster FFR hikes may be needed to win inflation fight
• U.S. President Trump to meet CN leader Xi Jinping in Washington Thur
• Range NZ 0.57145-19, support 0.5700-05 0.5627, resistance 0.5995 0.6012
NZD Daily 21/55/100-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)