Back
15 Jan 2015
NZD/USD a chop behind the scenes of the Aussie jobs data
FXStreet (Guatemala) - NZD/USD is a chop at 0.7717 with a high at 0.7745 and low 0.7706 and down 0.05% on the day.
With the markets attention on the Aussie post the dramatics that followed upon the Australian unbelievable jobs data, that came in 10 times better than expected and dubious, while the NZD has been a chop in the background of the action.
The pair has been taken back by the Aussie while the greenback levels the matter out as the common denominator and leaves the pair contained between a relatively wide range of the past hour or so between the 0.7706 low and 0.7744. The pair has been on the offer this week, for the most part, although remains contained in the sideways daily channel formed in October. Bears are looking for a brea of the sturdy 0.77 handles support at the figure while 0.8000 contains any upside potential.
With the markets attention on the Aussie post the dramatics that followed upon the Australian unbelievable jobs data, that came in 10 times better than expected and dubious, while the NZD has been a chop in the background of the action.
The pair has been taken back by the Aussie while the greenback levels the matter out as the common denominator and leaves the pair contained between a relatively wide range of the past hour or so between the 0.7706 low and 0.7744. The pair has been on the offer this week, for the most part, although remains contained in the sideways daily channel formed in October. Bears are looking for a brea of the sturdy 0.77 handles support at the figure while 0.8000 contains any upside potential.