NZD/USD bulls eye a significant correction

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NZD/USD bulls eye a significant correction
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NZD/USD bulls eye a significant correction NZDUSD Technical Analysis Currencies Fed RBNZ

There were concerns as to whether Congress will pass the Biden/McCarthy US debt ceiling deal. The gatekeeper House of Representatives Rules Committee is due to consider the 99-page bill beginning at 3 p.m. EDT on Tuesday, ahead of votes in the Republican-controlled House of Representatives and the Democratic-controlled Senate.

´´Carry remains a focus for the Kiwi but carry “works” best when volatility is low and there isn’t much else going on, so it could be a patience game for carry traders. The NZ data is light until If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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