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NZD/USD at 0.7595 NY close highest since 26 Mar on weaker USD

Sideways 0.7580/0.7600 before USD slide renewed dropping DXY 0.4% NZD spiked to 0.7620/25 in response then levelled off as USD based Strong Australia jobs report sent AUD higher routing NZD to 0.7640 top AUD outperforman…

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  • Sideways 0.7580/0.7600 before USD slide renewed dropping DXY 0.4%

  • NZD spiked to 0.7620/25 in response then levelled off as USD based

  • Strong Australia jobs report sent AUD higher routing NZD to 0.7640 top

  • AUD outperformance lifted cross 1.0120 through 1.02 to1.0222

  • Direct Asian supply added to cross component offers 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560