Merchants are additional net-short than yesterday and final week, and the mix of present sentiment and up to date adjustments offers us a stronger NZD/USD-bullish contrarian buying and selling bias.
NZD/USD IG Shopper Sentiment: Our knowledge exhibits merchants are actually net-short NZD/USD for the primary time since Feb 12, 2024 09:00 GMT when NZD/USD traded close to 0.61.