Forex news for Asia trading Tuesday 26 April 2016
NZD was a (relatively) strong performer on the session, with NZD/USD up 40+ points on overnight lows. AUD/NZD sellers were cited as a key factor behind the stronger NZD, which may have been the case but if so then the stability of AUD/USD points to buyers in that pair (AUD/USD is up small on the session). This while commodities were a little softer, Dalian iron ore down 4+% on the day.