October 22, 2015
The strongest currency as North American traders enter for the day is the NZD. The weakest currency is the CHF.
The NZD was helped by a comment from FM Engligh who said that the Kiwi $ had adjusted considerably already. The NZDUSD moved above 0.6740 area (prior resistance and then support) and saw a rapid gain on stops before some stabilization against the 100 hour MA (see chart below). The pair has been consolidating in the London morning session.