1 May 2015
NZD/USD to remain sold – ANZ
FXStreet (Barcelona) - Strategists at ANZ, expect NZD/USD to remain offered and anticipate a 0.7550-0.7680 range.
Key Quotes
“NZD took a breather last night as markets digested the change in tone from the RBNZ. The widow-maker AUD/NZD was also in action with flow supporting NZD/USD. US news was positive with the Q1 employment cost index particularly notable as a signal to look through the weakness in activity data, with jobless claims the lowest in 15 years. We expect NZD/USD to remain offered.”
“Expected range: 0.7550 – 0.7680”
Key Quotes
“NZD took a breather last night as markets digested the change in tone from the RBNZ. The widow-maker AUD/NZD was also in action with flow supporting NZD/USD. US news was positive with the Q1 employment cost index particularly notable as a signal to look through the weakness in activity data, with jobless claims the lowest in 15 years. We expect NZD/USD to remain offered.”
“Expected range: 0.7550 – 0.7680”