New Zealand Dollar holds firm while risk-sensitive Australian Dollar falls overnight. RBNZ's inflation expectations survey in focus as the central bank’s rate decision nears. NZD/USD looks to retake the 0.7000 psychological level after bouncing from support
APAC traders look to close the week out on a bright note following Wall Street rebound. RBNZ rate hike bets continue to strengthen as economy recovers from Covid lockdowns. And, NZD/USD clings to 100-day Simple Moving Average (SMA) after overnight drop.
NEW ZEALAND DOLLAR, NZD/USD, TRAVEL, COVID, ELECTRONIC CARD SPENDING - TALKING POINTS
Breaking: New Zealand CPI sends Kiwi nearly 50 pips higher
New Zealand dollar slide continues
New Zealand Dollar Forecast: NZD/CAD, NZD/CHF, NZD/JPY Charts to Watch
The New Zealand Dollar fell against most of its major counterparts after local confidence data undershot forecasts and spooked markets – NZD is now eyeing FOMC rate decision ahead.