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Forex Flash: NZD/USD on s/t range of 0.8050-0.8100 - ANZ

By FXstreet.com,  July 30, 2012, 07:08:00 PM EDT

FXstreet.com (Barcelona) - NZD/USD should trade with limited upside as investors continue to "hold their breath" awaiting to see whether the FOMC and/or the ECB give clearer signal on their monetary policy intentions, says ANZ in its morning note. "Hopes are high that the ECB will deliver a game changer to ring-fence Europe's periphery and go some ways to remedying the debt crisis." ANZ tips short-term range of 0.8050-0.8100 for the pair this Tuesday, with support level likely to be tested.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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