NZD/USD has underperformed, headed lower? - ANZ

Ross J Burland FXStreet

Analysts at ANZ explained that despite a bounce in risk sentiment, the NZD has underperformed.

Key Quotes:

"Despite a bounce in risk sentiment, the NZD has underperformed, suggesting it could head into the weekend threatening to push lower.

We suspect support levels will hold, keeping it range-bound today, although any US tax reform progress will be key to watch."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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