NZD/USD: supported by a solid domestic economy - ANZ

Analysts at ANZ noted the conditions surrounding the Kiwi overnight.

Key Quotes:

"NZD/USD lifted overnight as the USD remained under broad pressure. The
failure of kiwi to push any lower suggests its heading for a test higher as
markets have lost faith in the USD strength story."

"The domestic economy remains solid and there are higher yields on offer too providing additional NZD support."