$NZDUSD is consolidating around 0.6200 as FOMC minutes have come under spotlight
S&P500 futures have extended losses in Europe, portraying strength in the risk-aversion theme.The NZD/USD pair
S&P500 futures have extended losses in Europe, portraying strength in the risk-aversion theme amid obscurity about July’s Federal Reserve monetary policy. The US Dollar Index is showing topsy-turvy moves around 103.00 ahead ofAs per the CME Fedwatch tool, more than 86% chances are in favor of an interest rate hike by 25 basis points to 5.25-5.50%. Also,
Later this week, US Employment data will be keenly watched. Thursday’s Automatic Data Processing Employment data is expected to show additions of 180K employees in June lower than May’s addition of 278K.
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