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Rangebound v USD, Consumer Confidence Ticks Higher

NZD

NZD/USD prints at $0.6150/55, the pair is ~0.1% firmer today.

  • The pair firmed in the aftermath of the aforementioned Nikkei BoJ headlines. Thursday's highs remained intact and resistance was seen at $0.6160, gains were marginally pared.
  • AUD/NZD is little changed, the pair has observed a narrow range today as it continues to consolidate below $1.08 and the 20-Day EMA.
  • ANZ Consumer Confidence rose 2.1% in Apr to 79.3 from the prior read of 77.7.
  • Looking ahead, Q1 Employment Survey on Wednesday headlines next weeks data releases. An uptick in the unemployment rate to 3.6% from 3.4% is expected.

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