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Moderately Firmer

NZD

NZD/USD prints at $0.6380/90, ~0.2% firmer in today's trading.


  • The pair deals at session highs, having traded in a narrow $0.6260/90 range in this morning's session, as US Equity futures recover off session lows and USD/CNH has rallied to multi-month lows spilling over into mild USD weakness.
  • Cross asset flows are mixed, BBDXY is down ~0.1% and US Equity futures have recovered off session lows to last deal ~0.1% softer.
  • With a thin regional docket for the remainder of the session, participants look to Fed Chair Powells later on today as the next macro risk event.

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