Previous close | 0.722 |
Open | 0.722 |
Bid | 0.719 |
Day's range | 0.718 - 0.723 |
52-week range | 0.5479 - 0.7493 |
Ask | 0.718 |
Westpac on Thursday ditched its calls for two more rate cuts from the Reserve Bank of New Zealand (RBNZ).
The Bank of Japan and the ECB deliver policy decisions today as hopes of significant fiscal stimulus supports demand for riskier assets. COVID-19 updates could test, however.
The early price action suggests the Fibonacci level at .7122 is controlling the direction of the NZD/USD.