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Thomson Reuters
Sep 10 - 12:12 AM
NZD/USD - , NZD/JPY At Fresh Trend Lows, More Downside?
First appeared on eFXplus on Sep 09 - 10:30 PM

  • High-beta currencies under fire, not only AUD but NZD too, NZD/JPY
  • NZD/USD from 0.6540 to 0.6514 in Asia, NZD/JPY 72.58 to 72.25
  • NZD/USD lowest since 0.6451 in February '16, NZD/JPY 72.22 in August '16
  • Both pairs likely to remain under pressure, Japanese bailing or hedging
  • NZD/JPY sees some support ahead of 72.00, stops likely sub-72.20, 72.00

NZD/USD monthly: Click here

NZD/JPY monthly: Click here

NZD/JPY weekly: Click here

Source:
Thomson Reuters IFR Markets

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