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Early focus is on JPY and NZD

FOREX
  • Early focus in FX remains on the JPY and NZD, which are still gaining against the Dollar.
  • USDJPY has already achieve close to 100 pips range into the European Govie open and testing next immediate support at 134.65 Low Aug 18
  • NZDUSD printed a 0.6400 high yesterday, and making another attempt at that level in early trade.
  • A clear break above the latter opens to the August high at 0.6468, also the highest print since June.
  • AUDNZD drifts below yesterday's low, and support here is seen at the March low, at 1.0615.

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