NZD/USD rides AUD/USD's coattails, gets set for US CPI next week NZDUSD Currencies CPI
NZD/USD traded in a similar fashion to the Aussie on Thursday, which technicals are shown
On the day, the US dollar was being thrown around, initially offered and breaking structure in the case of the DXY index as follows:The labour market has not been what the Federal Reserve is hoping for and Thursday's Jobless Claims revealed risks of a tighter for a longer scenario given there was only a small uptick in unemployment numbers. ''Initial Jobless Claims lifted to 196k in the week to February 4, while Continuing Claims also lifted.
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