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Aug 08 - 02:36 AM
NZD/USD - Testing Hourly Resistance As Market Calms
First appeared on eFXplus on Aug 07 - 10:35 PM
  • NZD/USD testing hourly resistance at 0.6465/70 - 0.37% for the session
  • Lower than expected USD/CNY fix and comments from RBNZ calming markets
  • RBNZ asst Governor Hawkesby is confident inflation will rise after 50 BP cut
  • Hawkesby said unconventional tools an option only if inflation tanks
  • NZD/USD resistance at former support at 0.6480/90 where sellers are tipped
  • nS0N1T100L

nzd 2 Click here

nzd/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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