Free Trial

Firms Off Session Lows

NZD

NZD/USD prints at $0.6070/75, the pair is ~0.2% firmer today.

  • The pair has firmed off session lows after support came in ahead of year to date lows printed yesterday at $0.6045. E-minis also firmed off session lows aiding the bid.
  • AUD/NZD is lower this morning, however the cross is holding above tis 20-Day EMA and $1.07 handle for now.
  • May ANZ Consumer Confidence printed at 79.2 a fall of 0.1% from the prior read of 79.3.
  • A thin data calendar for the remainder of the session leaves wider swings in risk sentiment as the main driver of the NZD.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.