New Zealand Dollar Analysis: NZD/USD Weakens on Broader Risk Aversion

The risk-sensitive New Zealand Dollar fell against the Greenback as traders digested a worsening situation around new Covid restrictions in Europe.

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Europe reports another day of big COVID numbers

Coronavirus daily numbers from Europe: That’s a new record for Italy/France and the others are all very close. Expect the weekly pattern to show lower numbers on Mon/Tues and then…

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France reports 26,896 coronavirus cases for the day – a new daily record. Positive rate is over 10%.

A record daily raise in the number of newly confirmed COVID-19 cases for France. Elsewhere in Europe: A few updates … sheesh … not good news. 

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Currencies broadly gaining against the USD in early Asia trade

GBP is getting a bit of further support from this: But, gains are broader than only GBP. EUR, AUD, NZD, CAD, yen are all adding on points against the big…

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