• NZD/USD -0.5% from Mon 0.5740 high as buyers for the pair remain absent

• Break below 0.5680 support zone would likely hasten move toward 0.5580

• Escalating Fed hike expectations drive UST yields higher across the curve

• U.S.-Iran peace deal progress sends oil lower on easing supply concerns

• Futures pricing implies 81.5% chance of RBNZ hike Jul 8, but not helping NZD

• RBNZ Governor Breman will attend the annual closed-door BIS conference Fri

• Range NZ 0.5710-17, support 0.5680 5580, resistance 0.5990-95 0.6012
NZD Daily 55-DMA

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