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Marginally Pressured

NZD

NZD/USD has been marginally pressured in recent dealing, the move has come alongside an uptick in US Tsy Yields.

  • The pair has fallen ~0.3% from peak and trough and sits a touch above the $0.60 handle. Bears look to break the 20-Day EMA ($0.5973) to target the YTD low ($0.5859).
  • AUD/NZD sits at its highest level of the week, up ~0.2% last printing at $1.0670/75.

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