What's the focus for NZD/USD this week?  - ANZ

Analysts at ANZ noted that the NZD/USD remains range bound. 

Key Quotes:

"Focus this week will be on US data, Fed minutes and further political developments. Some hold a view that that following a run of strong data releases recently, the US numbers (relative to expectations) may be due to roll over for a while (i.e. the surprise index is around levels where it has topped out in the past five years). 

However, lead indicators have been strong and point to rising economic momentum in coming months. If this proves to be the case and President Trump can make some progress on fiscal initiatives where he should find greater accord amongst Republicans, then the NZD is biased lower. Elsewhere, the Euro remains weighed down and won’t easily be able to shake off the lower CPI and upcoming French presidential debate and elections."