NZD/USD traders await the RBNZ Governor - ANZ
|Analysts at ANZ noted the current conditions around NZD/USD.
Key Quotes:
"It was a relatively narrow range for the kiwi overnight, but with the USD finding a little more love, there is perhaps a bias for it to test lower levels today.
Support 0.7180 Resistance 0.7420
Global dairy prices were broadly steady, with the GDT-TWI down 0.5%. WMP prices rose 0.3%.
The RBNZ Governor appears before the Finance and Expenditure Committee today at midday to discuss the RBNZ’s annual report. There will likely be some headlines, but we are not expecting anything ground-breaking."
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