10 Jan 2018
NZD/USD: US rates main driver - ANZ
Analysts at ANZ explained that the kiwi is chopping about within a relatively tight range, but continues to flirt with the 72 cent level.
Key Quotes:
"The impetus for a push higher may again not be there today, particularly following the surge in US yields, but we still feel that is the main risk in the near-term. Support 0.7050 Resistance 0.7230."