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Marginally Firmer, Ranges Narrow

NZD

NZD/USD prints at $0.5925/30, the pair is up ~0.1% this morning.

  • A $0.5915/35 range has persisted for the most part this morning, ranges have been narrow with little follow through on move.
  • The USD a touch pressured across the board as US equity futures continue the move seen late in the NY session on Wednesday.
  • AUD/NZD is marginally trimming yesterday's losses, the pair has printed its lowest level since May.
  • The ANZ Business Survey for September crossed this morning, Business Confidence rose to 1.5, however the activity outlook fell to 10.9.
  • On the wires early tomorrow we have ANZ Consumer Confidence for September, there is no estimate and the prior read was 85.0

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