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30 Oct 2018
NZD/USD: firmer on Trump's trade war confidence - ANZ
Analysts at AN noted that the NZD was higher overnight.
Key Quotes:
"NZD was higher overnight with Trump confident he can get a “great deal” with China on trade.
There has been no obvious dip on month-end portfolio rebalancing.
But with economic fundamentals unchanged for now, we don’t see this rally becoming a sustained trend.
Support 0.6460 Resistance 0.6620"