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Firmer In Early Trade, Tight Ranges Observed

NZD

NZD/USD prints at $0.6320/25 ~0.2% firmer in today's trading.

  • The pair is a touch off session highs, having earlier found support ahead of $0.6300.
  • AUD/NZD is little changed, the cross is back below $1.10 handle having been unable to sustain its break of the level yesterday, last printing $1.0970/80.
  • Cross asset flows are showing a mild move towards risk, e-minis are ~0.2% higher and BBDXY is ~0.1% softer.
  • Wider swings in risk sentiment will be the main driver for NZD for the remainder of the session.

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