Kiwi continues to perform well. Yesterday I reported on the possible inclusion of New Zealand in Citi’s World Government Bond Index helping to support NZD. I haven’t found any further information on this as yet.
Initial support in NZD/USD 0.8490/8500, more buying around 0.8470
Sellers around 0.8535/40 (last night’s highs – also the highs back in February – this is an important level and may well cap NZD for a period of consolidation.
Most Popular
Sponsored
Fed minutes hint at Dec. rate hike if inflation persists. Traders eye 15% chance. Watch bond yields!
Bitcoin hovers near $77K as Warsh takes Fed helm. Markets brace for rate hikes, not cuts.
Warsh's Fed chair debut: Markets brace for rate hikes, not cuts. Bond yields test new leadership.
Puig shares tumble 10% as Estee Lauder ends acquisition talks. Valuation concerns rise.
Markets rally on peace hopes! Oil jumps, dollar firms. Investors eye diplomacy.
Consumer sentiment hits record low on gas prices & inflation. Voters' economic confidence plummets.
Futu faces $271M penalty for licensing breaches, impacting its valuation despite strong 2025 growth.
Sponsored
Must Read
