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FxWirePro: NZD/USD edges up, remains on front foot

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NZD/USD moving higher versus Australian dollar

Thursday, February 26, 2015 5:06 AM UTC

Cross gains may boost otherwise dull direct NZD trading
0.7549/0.7577 trading corridor has NZD consolidating near 1+month highs
Oz capex hit AUD/NZD while retail Japan NZD/JPY bids still remain
RBA OCR expectations has 2/5/10year spreads vz NZ towards or at fresh 2015 highs
Differentials leaves NZD exposed to investor flows & makes RBNZ job difficult

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NZD/USD moving higher versus Australian dollar

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