Free Trial

Orr Eyed After A Fresh Cycle High

KIWI

NZD/USD sits a handful of pips higher at typing, last printing $0.6765, after hitting the highest level since the summer of 2019 during Tuesday's session. A break through Tuesday's high ($0.6779) would expose the July 19 2019 high at $0.6791, with trend resistance located a touch above at $0.6798.

  • The aforementioned address from RBNZ Governor Orr headlines locally today, with Q2 terms of trade data also due.
  • A reminder that Tuesday saw a soft GDT dairy auction.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.