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May 13 - 11:00 PM

NZD/USD - Fresh Session Low On Orr's Comments

By John Noonan  —  May 12 - 11:45 PM
  • NZD/USD trading below 0.6015 after dovish/bearish comments from RBNZ's Orr nS9N2CO00S

  • RBNZ says they will ask NZ banks to be ready for negative rates by year-end

  • NZD/USD support around 0.5990/95 with break targeting 0.5900/20










nzd IMAGE Click here

Source:
Refinitiv IFR Research/Market Commentary

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