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Firms As Greenback Weakness Extends

NZD
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NZD/USD prints at $0.6520/25, ~0.2% firmer in today's trading.

  • USD weakness seen late in the NY session has extended through the Asian morning.
  • NZD/USD firmed before meeting resistance at $0.6530, the high from Jan 18, before paring gains to deal at current levels. Bulls look to clear this level to regain the momentum.
  • AUD/NZD is little changed, the cross is holding above its 200-day EMA.
  • Dec Building Permits fell 7.2%, the prior number was revised lower to 6.7% from 7.0%.
  • Wider swings in risk sentiment will be the main driver for the NZD in today's session.
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NZD/USD prints at $0.6520/25, ~0.2% firmer in today's trading.

  • USD weakness seen late in the NY session has extended through the Asian morning.
  • NZD/USD firmed before meeting resistance at $0.6530, the high from Jan 18, before paring gains to deal at current levels. Bulls look to clear this level to regain the momentum.
  • AUD/NZD is little changed, the cross is holding above its 200-day EMA.
  • Dec Building Permits fell 7.2%, the prior number was revised lower to 6.7% from 7.0%.
  • Wider swings in risk sentiment will be the main driver for the NZD in today's session.