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Presurred, USD On Front Foot

NZD

NZD/USD prints $0.6381, down ~0.4% thus far on Monday, with only AUD a worse performer in the G10 FX space.

  • The greenback has edged higher and equities have declined as risk-off flows develop. The DXY is up ~0.3% e-minis are ~0.2% lower.
  • NZD/USD is currently dealing on its daily lows.
  • AUD/NZD found early selling interest at NZ$1.0624 with the pair now trading below NZ$1.06 handle at NZ$1.0590.
  • With no local data on the wires today, NZD will be driven by any wider swings in risk sentiment.

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