Kiwi Firmer In Early Dealing

NZD is the strongest performer in the G-10 space at the margins as yesterday's firmer risk sentiment lingers in early dealing, moves elsewhere remain limited and ranges are narrow.

• NZD/USD prints at $0.6200/05, the pair is ~0.2% firmer today. Tuesday's high remains intact for now, Bulls now target a break of the 200-Day EMA ($0.6224) which opens the high from 23 May at $0.6303.
• AUD is ~0.1% higher, AUD/USD remains under the $0.67 handle which capped yesterday's rally. On the wires this morning the final read of Junes Judo Bank Services PMI printed at 50.3 ticking lower from the prior read of 50.7. Composite PMI printed at 50.1.
• Yen has observed a narrow ~10 pip range with little follow through on moves.
• Elsewhere in G-10 the EUR and GBP are following broader USD trends with both ~0.1% firmer.
• Cross asset wise; BBDXY is down ~0.05% and US equity futures are a touch lower. WTI futures are up ~1.7%.
• Caixin Services PMI data from China headlines in Asia today, a downtick to 56.2 from 57.1 is expected. The final read of Japans Jibun Bank Services PMI crosses at the bottom of the hour.