• NZD/USD +0.8% from Wed 0.58025 low, but remains under pressure overall

• RBNZ indicates tightening cycle will slow in wake of Wed's 25 bps hike

• Pair now targets 0.5762 support as traders recalibrate OCR expectations

• NZ Q2 terms of trade index -9.0% (poll -3.9%), import prices +13.8% q/q

• U.S. Aug factory activity slows; USD index -0.1%, UST yields moderating

• Pivotal U.S. Aug non-farm payrolls due Fri, Reuters poll consensus +56k

• Range NZ 0.58456-54, support 0.5762 0.5627, resistance 0.5995 0.6012
NZD Daily 21/55/100-DMA

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