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Support From Firmer Equities, Outperforming JPY & AUD

NZD

NZD/USD prints near $0.6110, up ~0.20% in today's trading

  • Kiwi is the best performer in G10 space, with the bid in e-minis and the Hang Seng spilling over into wider risk appetite, generating demand for NZD. NZD/JPY is higher, back to 85.65, +0.45% for the session.
  • AUD/NZD prints NZ$1.0975 having experienced selling interest above NZ$1.10 helping NZD at the margins. The pair has further resistance at NZ$1.1010 (200-day EMA) and NZ$1.1017 (20-day EMA)
  • With no further local data on the wires today, NZD will be driven by any wider swings in risk sentiment.

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