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Pressured, Softer Equities Weigh On Risk Sentiment


NZD/USD prints at $0.6315/20, ~0.3% softer in today's trading.

  • NZD is pressured today as softness in US and Regional equities has dampened risk sentiment.
  • The pair deals a touch off session lows, the next target for bears is 200-day EMA at $0.6295.
  • Cross asset flows are showing a risk off tone. JPY is firmer, e-minis are down ~0.4% and BBDXY is up ~0.1%.
  • Wider swings in risk sentiment will be the main driver for NZD in the remainder of the session.

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