• NZD/USD +1.2% from Wed 0.58605 low as broad USD index hits 12-week low

• UST yields drop on news U.S. Treasury will increase curve control measures

• NZD break of 0.5925-30 resistance zone opens topside potential toward 0.5995

• No progress on U.S.-Iran peace deal leaves Strait of Hormuz in limbo

• Gold +4.3% while Brent crude remains elevated at $91.57 a barrel

• NZ Jul balance of trade update, and Aug S&P manufacturing PMI due Fri

• Range NZ 0.59325-38, support 0.5831 0.5762, resistance 0.5995 0.6090-95
NZD Daily 55-DMA


DXY Daily 55-DMA

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