NZD/USD Clears Above 0.59070 with Trend in Focus

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NZDUSD News And Catalyst Brief The external news flow is useful here because it clusters around around dollar direction, inflation, and central-bank policy. NZDUSD has a balanced headline read, with inflation data and central-bank expectations setting the volatility backdrop. Final bias: neutral until price accepts a level outside the current pivot range. That makes the technical map more important, not less important, because price still has to confirm the macro story. BHP SAYS COPPER IS THE ENGINE DRIVING ITS GROWTH, WITH COPPER DEMAND ALONE SET TO GROW FROM ABOUT 34MTPA TODAY TO MORE THAN 50MTPA BY 2050, AND EXPECTS CHINA TO CONTINUE PRODUCING ABOUT 1BTPA OF STEEL THIS DECADE. …...