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TDUX
Sep 13 - 08:55 PM

NZD/USD - Firms Despite Latest Middle East Deterioration

By James Connell  —  Sep 13 - 07:52 PM

• NZD/USD +0.1% Mon after weekend attacks on Saudi Arabia & ships in the Gulf

• Saudi East-West pipeline damage stoking oil supply fears, WTI +2.5%

• U.S. Aug core CPI +0.3% m/m (poll +0.2%), investors expect Fed hike Wed

• NZD targets 0.5762 support zone, break below will accelerate sell off

• RBNZ Assistant Governor Angus McGregor due to speak Thur

• Range NZ 0.58099-19, support 0.5795 0.5762, resistance 0.5995 0.6012
NZD Daily 21/100/200-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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