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Bid As Mild Risk-On Tone Develops

NZD

NZD/USD prints at $0.6266, ~0.2% firmer in today's trade.


  • The NZD has firmed in early trading as USD gives up some of yesterday's gains, the pair is back above its 200-day EMA.
  • AUD/NZD is ~0.2% firmer as bulls look to test $1.08 handle. NZD/JPY is ~0.2% firmer, last printing at ¥82.05.
  • In the absence of macro headline driver cross asset flows point to a mild risk-on tone developing, BBDXY is down ~0.1% and e-minis are up ~0.1%.
  • In today's NY session Dec CoreLogic House Prices will come onto the wires, there is no estimate, the prior reading was -2.9%.

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