NZD remains a global underperformer. The kiwi has underperformed on crosses, most notably NZD/AUD, per ANZ Bank. Key quotes “NZD/AUD has been hammered as Australia is hailed as having the best lockdown/containment strategy, with less of an economic hit there.” “Hard to argue with short term, especially with China returning to work, but we don’t buy into the relative monetary policy argument (NZ dovish vs AU hawkish).” “Technically looking very soft, forcing a re-think.” “Support 0.9380 Resistance 0.9700” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP: Trying to stabilise – Commerzank FX Street 2 years NZD remains a global underperformer. The kiwi has underperformed on crosses, most notably NZD/AUD, per ANZ Bank. Key quotes “NZD/AUD has been hammered as Australia is hailed as having the best lockdown/containment strategy, with less of an economic hit there.” “Hard to argue with short term, especially with China returning to work, but we don’t buy into the relative monetary policy argument (NZ dovish vs AU hawkish).” “Technically looking very soft, forcing a re-think.” “Support 0.9380 Resistance 0.9700” Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
