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NZD/USD moving higher versus Australian dollar

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…

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EconoTimes — Reading the Times. Understanding the Future.

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  • 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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