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NZDUSD highest since 18th July

NZD
  • NZDUSD is extending through new high, best level since 18th July, with the latest leg driven by broader USD selling, on the back of the US PPI coming below expectations.
  • Resistance is a little further, up to 0.6097, and test to this area will have some option expiry possibly coming into play.
  • There's 1bn worth of Option at 0.6090/0.6100 for Tomorrow's session.
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  • NZDUSD is extending through new high, best level since 18th July, with the latest leg driven by broader USD selling, on the back of the US PPI coming below expectations.
  • Resistance is a little further, up to 0.6097, and test to this area will have some option expiry possibly coming into play.
  • There's 1bn worth of Option at 0.6090/0.6100 for Tomorrow's session.