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Mar 05 - 01:55 AM

NZD/USD - Steadies After Surprise RBNZ Governor Resignation

By Refinitiv  —  Mar 04 - 10:17 PM

• NZD/USD churned after RBNZ governor Orr resignation, settling lower

• Orr's early exit unexplained, as NZ struggles out of deep recession

• Christian Hawkesby now acting gov, chairs monetary policy committee

• Focus trained on U.S. factory orders, PMIs due Wed, China NPC

• NZ agricultural exports may benefit from China retaliatory measures

• Range NZD Asia 0.5638-0.5669, support 0.5517, resistance 0.5770
NZD eod

Source:
London Stock Exchange Group | Thomson Reuters

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