• NZD/USD -0.7% from Wed 0.5613 high as broad USD index reaches 19-month high

• NZ Oct electronic card retail sales -0.7% m/m (prior -0.4%), +0.3% y/y

• Sticky U.S. inflation has Fed officials considering accelerated tightening

• Futures pricing currently implies 88% chance of 25 bps Fed hike on Dec 9

• NZD targets 0.5485 support, break below would stoke excitement amongst bears

• NZ PM Luxon likely to retain power, but may need more minor party support

• Range NZ 0.5562-73, support 0.5485, resistance 0.5710 0.5995 0.6012
NZD Daily 21/55/100-DMA


DXY Daily 55/100/200-DMA

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