While doing the same, the Kiwi pair fails to justify the hawkish Federal Reserve rhetoric amid easing fears surrounding China.That said, the key options market catalyst, one-month risk reversal , prints a three-day uptrend and rises to the highest level in a week while posting 0.070 figures by the end of Wednesday’s North American trading session.
Not only the daily RR but the weekly one-month RR for the NZD/USD price also keeps the pair buyers hopeful as it snaps the three-week downtrend with the 0.115 figures for the current week.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.