AUD/NZD
High 1.07473
Low 1.07285
Traders sentiment
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Spread
0.00236 pt
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Spread (%)
0.21997 %
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Swap Long
-2.11 pt
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Swap Short
-1.45 pt
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Initial Margin
0
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Maintenance Margin
0
Related instruments
AUD/NZD news and strategies from FBS analysts

The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and Nasdaq dropped from the all-time highs, while the USD jumped higher.

Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall Street.

Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
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