Volatility and the lack of liquidity remain the key risk and could hobble the Kiwi again. Risk-off is weighing on the USD but analysts at ANZ Research remain of the view that the NZD is on borrowed time. Key quotes “Volatility is the theme; Kiwi has rallied more than 4 cents off yesterday’s intraday low before consolidating.” “The risk-off mood continues to weigh on the USD; while that’s to be expected given the depth of markets there, we expect the NZD to capped and weaken after the RBNZ cuts.” “Support 0.6235 Resistance 0.6470” 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 Copper: Touched a three-year low – ANZ FX Street 3 years Volatility and the lack of liquidity remain the key risk and could hobble the Kiwi again. Risk-off is weighing on the USD but analysts at ANZ Research remain of the view that the NZD is on borrowed time. Key quotes “Volatility is the theme; Kiwi has rallied more than 4 cents off yesterday’s intraday low before consolidating.” “The risk-off mood continues to weigh on the USD; while that’s to be expected given the depth of markets there, we expect the NZD to capped and weaken after the RBNZ cuts.” “Support 0.6235 Resistance 0.6470” 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.
