• NZD/USD +1.5% from Thur 0.57915 low as DXY extended post-FOMC losses

• NZD break above 0.5873 opens door on topside extension toward 0.5990

• Thur's likely JPY intervention pushed broader USD index down 0.8% to 100.0

• NZ business confidence swung positive in Jul according to monthly ANZ survey

• U.S. Jun core PCE +0.1% m/m, +3.3% y/y (poll 0.2% & +3.3% respectively)

• Range NZ 0.5877-82, support 0.5627 5580, resistance 0.5990-95 0.60925
JPY Daily 55-DMA


DXY Daily 55-DMA


NZD Daily 55-DMA

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