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NZD extends losses against all majors

KIWI

NZD extends losses against all majors, beside the BRL.

In G10 NZD is now down 1.2% against CHF.

  • Despite the lack of reaction overnight following the RBNZ Asst Gov Hawkesby, who largely stuck to familiar messaging of New Zealand's central bank, noting that policymakers are preparing to use policy tools including negative interest rates if needed, better selling has taken hold during the European session.
  • AUDNZD look to test the 1.1000 mark, ahead of Tuesday's high at 1.1044, in turn a levels not seen since 20/08/18,
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