NZD/USD traders await the RBNZ Governor - ANZ

Ross J Burland FXStreet

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."

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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