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NZD/USD stuck to a fairly tight range during...>

KIWI
KIWI: NZD/USD stuck to a fairly tight range during EU/NY dealing on Thursday,
after it breached the YTD low during Asia-Pacific trade, registering a low of
$0.6474 thus far, following 2 fakes back above $0.6500.
- Fed rhetoric, U.S.-China tensions & EM worry continue to plague the cross.
- The rate last deals at $0.6478, bears look to the February 02 2016 low
($0.6462) as the next notable area of support. Bulls need to reclaim $0.6570.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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