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26 Jun 2013
Flash: NZD/USD midrange following bounce off 0.7700 - BNZ
FXstreet.com (Barcelona) - BNZ Strategist mike Jones notes that following the bounce off 0.7700, NZD/USD is currently sitting around the middle of the recent range at 0.7750.
He feels that once again, the local and Asian data calendar is bare today, portending another fairly quiet session. However, he will be keeping a close eye on Chinese equities looking forward, and absent any further meltdowns, he suspects that NZD/USD support at 0.7700 will continue to hold.
He feels that once again, the local and Asian data calendar is bare today, portending another fairly quiet session. However, he will be keeping a close eye on Chinese equities looking forward, and absent any further meltdowns, he suspects that NZD/USD support at 0.7700 will continue to hold.