BNP likely to be suspended on processing some dollar payments

FXStreet (Bali) - Reuters reports that BNP Paribas is facing the prospects of a 1-year suspension from converting foreign currencies to dollars on behalf of clients in some businesses, according to sources familiar with the matter, after the French bank's alleged abuses of US sanctions laws.

AUD/NZD enters oversold territory

AUD/NZD is trading at 1.0736, down -0.24% on the day, having posted a daily high at 1.0773 and low at 1.0732.
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NZD/JPY boosted through the 89 handle

NZD/JPY is trading at 89.16, up 0.19% on the day, having posted a daily high at 89.26 and low at 88.85.
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