• NZD/USD -0.7% from Mon 0.5819 high amid building Fed rate hike anticipation

• NZ Aug electronic card retail sales -0.9% m/m (prior +1.3%), +0.2% y/y

• Futures pricing currently suggests 93.2% chance of 25 bps Fed hike Wed

• DXY firms & UST yields trade above 5% for first time since Oct 2023

• WTI +0.5% to $101.93 a barrel as oil supply concerns continue to escalate

• Clean break below 0.5760 support zone would pave way for move toward 0.5627

• RBNZ Assistant Governor Angus McGregor due to speak Thur

• Range NZ 0.5775-865, support 0.5755-60 0.5627, resistance 0.5995 0.6012
DXY Daily 55-DMA


NZD Daily 21/55/100-DMA

(James Connell is a Reuters market analyst. The views expressed are his own.)