Merchants are additional net-short than yesterday and final week, and the mixture of present sentiment and up to date adjustments offers us a stronger NZD/USD-bullish contrarian buying and selling bias.
NZD/USD IG Consumer Sentiment: Our knowledge reveals merchants at the moment are net-short NZD/USD for the primary time since Feb 27, 2024 18:00 GMT when NZD/USD traded close to 0.62.