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TDUX
Jul 28 - 08:55 PM

NZD/USD - Softer As Search For Inspiration Continues

By James Connell  —  Jul 28 - 07:20 PM

• NZD/USD -0.3% from Tue 0.57986 high as pair struggles to maintain traction

• Iran launches missiles at U.S. base in Jordan, WTI jumps 4.1% in early Asia

• FOMC meeting outcome Wed, statement critical with FFR change unlikely

• Gulf states propose voluntary fees to Iran for using Strait of Hormuz

• NZD likely to drift lower unless broader USD move develops momentum

• Range NZ 0.57805-885, support 0.5627 5580, resistance 0.5873 0.5990-95
NZD Daily 55-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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