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Pressured, AUD/NZD Back Above $1.07

NZD
BulletMarketsForeign Exchange NewsHomepage

NZD/USD prints at $0.6255/60, ~0.2% softer today.

  • The pair has been pressured in recent trade as a fall in regional equities weighs on risk sentiment. US Equity futures retreating from best levels has boosted the USD at the margins.
  • NZD/USD fell ~1% from peak to trough this morning.
  • AUD/NZD is back above $1.07, the pair had printed a fresh YTD low in thin liquidity this morning, and last prints at $1.0720/30
  • Cross asset wise, Hang Seng is down ~1.5% and e-minis are up ~0.4%. 10 Year US Treasury Yields are ~4bps firmer.
  • Feb Trade Balance is on the wires early tomorrow morning, there is no estimate for the print. The prior read was a deficit of ~$1.9bn.
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NZD/USD prints at $0.6255/60, ~0.2% softer today.

  • The pair has been pressured in recent trade as a fall in regional equities weighs on risk sentiment. US Equity futures retreating from best levels has boosted the USD at the margins.
  • NZD/USD fell ~1% from peak to trough this morning.
  • AUD/NZD is back above $1.07, the pair had printed a fresh YTD low in thin liquidity this morning, and last prints at $1.0720/30
  • Cross asset wise, Hang Seng is down ~1.5% and e-minis are up ~0.4%. 10 Year US Treasury Yields are ~4bps firmer.
  • Feb Trade Balance is on the wires early tomorrow morning, there is no estimate for the print. The prior read was a deficit of ~$1.9bn.