Friday, October 16, 2026

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NZD/USD in narrow range ahead of the FOMC

NZD seen in thin 0.7300/20 range in dull Asian trading NZD gains unlikely to sustain with sellers tipped into 0.7400 Price action suggestive of G-10 currencies as market awaits FOMC meeting Possibility for buy rumour sel…

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD seen in thin 0.7300/20 range in dull Asian trading

  • NZD gains unlikely to sustain with sellers tipped into 0.7400

  • Price action suggestive of G-10 currencies as market awaits FOMC meeting

  • Possibility for buy rumour sell fact likely to hit USD & boost NZD if FOMC delivers

  • 0.7291 23.6% Fib retrace of Mar decline, 0.7352 38.2% Fib of same holds 

 

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By FxWirePro Team