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NZD extends gains post EU Govie open

  • The Dollar was mostly flat during the overnight session against GBP, NOK, SEK, CHF, JPY and the EUR.
  • NZD and AUD were in the lead, up 0.54% and 0.52% respectively.
  • Since the Cash Govie open, EURUSD is now down 0.11%, following the German Factory order miss, not a known market mover, so EURUSD remains in a 24 pips range.
  • NZDUSD has extended its gain to 0.67% up, and is finding some resistance at Yesterday's high, printed a 0.6173 high today vs 0.6174 Yesterday.
  • Main initial resistance is still at 0.6226.

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