eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
• NZD/USD flat early Mon, as markets largely ignore latest U.S.-Iran flare up
• Trump threatens to stop trading with some countries unless Fed cuts rates
• U.S. Aug non-farm payrolls +162k (poll +56k), adds to Fed hike expectations
• Aug U.S. inflation data now critical, PPI due Wed, and CPI on Thur
• RBNZ Assistant Governor Silk speaks Wed, followed by Governor Breman on Thur
• NZD targets .5762 support, but break above 0.5907 21-DMA would shift outlook
• Range NZ 0.5880-879, support 0.5762 0.5627, resistance 0.5995 0.6012
NZD Daily 21/100/200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)