jeudi 15 août 2013

RBC: NZD/USD Faring Well On Strong Domestic Data

The NZD/USD has fared well over the session "on another run of quite strong domestic data," says RBC Capital Currency Strategist Sue Trinh. She points to job ads, manufacturing PMI and August consumer confidence all increasing "so Kiwi's outperformance was consistent with that against a backdrop where the USD was broadly offered versus the majors." Investors will now be focusing on a raft of U.S. data, in particular the CPI "to the extent that it will help shape market expectations about the timing of tapering." The pair is at 0.8058. Trinh puts support at 0.8020 and resistance around 0.8110-0.8115.

(rebecca.howard@wsj.com)

0 commentaires:

Enregistrer un commentaire