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14 Jan 2015

NZD/USD settles at mid-range

FXStreet (Córdoba) - NZD/USD has settled at mid-range, little changed on the day, after wavering between small losses and gains tracking commodities moves and investors sentiment.

NZD/USD bounced off a 1-week low of 0.7689 and climbed toward the 0.7780 zone before facing resistance at the 50-day SMA. The pair has spent the last hours in a slim range around its opening level and it is currently trading at 0.7735.

NZD/USD levels to watch

As for technical levels, resistances are seen at 0.7779 (daily high) and 0.7800 (Jan 13 high/psychological level). On the flip side, supports could be found at 0.7689 (daily low) and 0.7618 (Jan 5 low).

Jan 14, 2015

BoJ chatter and global jitters; looking of USD/JPY bounce - OCBC Bank

Emmanuel Ng, FX Strategist at OCBC Bank noted the market chatter around the BoJ of late.

AUD/NZD rebounds and rises back above 1.0500

AUD/NZD managed to erased most of the day losses and rose back above 1.0500; volatility could remain elevated during Thursday's Asian session with the relase of the Australian employment report.