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NZD/USD Grinds Lower Post Fed's Bostic Comments

NZD

NZD weaker on the back of broader USD strength, down 0.21%.The BBDXY rose after Bostic comments currently 0.09% higher.


  • NZDUSD has drifted lower after an initial push higher as Asia trading got underway, the pair hit a high of 0.6115, before quickly reversing to make new lows for the day at 0.6089 where we hover just above at the moment.
  • AUDNZD trades in a tight range trading unchanged for the day at 1.0686, just off the highs of the day of 1.0693.
  • Looking ahead the market awaits US has Housing starts, PPI and UofM Sentiment data out later

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