Comments in Asia trading by RBNZ governor Wheeler put a bid under the NZ$
Eamonn had the speech here and follow-up reaction in his wrap.
The jury's still out though on whether this means a pause before further rate cuts
After it's fall from 1.0490 the pair is finding a little support as traders take a bit of profit off the table.
Low so far 1.0421 versus the 8 July of 1.0313.
Currently 1.0433 there's the demand at 1.0420 then more noted into 1.0400. Offers/res now at 1.0450 with larger between 1.0490-1.0500
On the core pairs we have demand on AUDUSD at 0.7625-30 helping to underpin the cross while NZDUSD is running into supply at 0.7350 .
