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TDUX
Sep 24 - 09:55 PM
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NZD/USD - Lines Up 2026 Low As Surging US Yields Weigh

By James Connell  —  Sep 24 - 07:43 PM

• NZD/USD -0.5% from Thur 0.56859 high as DXY & UST yields forge higher

• Pair down cumulative 5.5% over last month, targets 0.5627 ytd low short term

• Fed officials flag inflation fear, futures imply 70.9% chance Oct FFR hike

• WTI remains elevated at $94.12 a barrel as Houthis continue Saudi attacks

• U.S. Aug durable goods due Fri, Reuters poll consensus -0.4% m/m

• Range NZ 0.56565-64, support 0.5627 0.5581, resistance 0.5995 0.6012
DXY Daily 55/100/200-DMA


NZD Daily 21/55/100-DMA


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

Source:
London Stock Exchange Group | Thomson Reuters

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