There is just one to take note of on the day, as highlighted in bold below.
That perhaps being for NZD/USD at the 0.5675 level. However, I wouldn’t attach much significance or impact to the expiries there with it not being tied to any key technical level. On top of that, the risk mood is arguably the biggest driver of trading sentiment this week. So, that matters more to traders in playing things out for the time being.
As things stand, we’re seeing a modest pick up in risk appetite ahead of European trading. So, that’s helping to keep things in check with the antipodes rebounding. AUD/USD is flat at 0.6490 while NZD/USD is up 0.2% to 0.5653 after lows of 0.5630 earlier.
For more information on how to use this data, you may refer to this post here.
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This article was written by Justin Low at investinglive.com.