27 Jan 2015
NZD: Markets await RBNZ decision – ANZ
FXStreet (Barcelona) - The Research Team at ANZ, mentions that NZD/USD remained under pressure despite a bounce in other risk currencies, with markets awaiting the RBNZ policy decision.
Key Quotes
“NZD/USD: The NZD remained under pressure yesterday – despite a bounce in other “risk currencies” – as markets continue to look toward Thursday’s RBNZ. The USD should remain firm today, supported by fundamental data in the form of Richmond Fed, consumer confidence, housing releases, and durable goods.”
“Expected range: 0.7370– 0.7500”
Key Quotes
“NZD/USD: The NZD remained under pressure yesterday – despite a bounce in other “risk currencies” – as markets continue to look toward Thursday’s RBNZ. The USD should remain firm today, supported by fundamental data in the form of Richmond Fed, consumer confidence, housing releases, and durable goods.”
“Expected range: 0.7370– 0.7500”