NZD/USD: The New Zealand dollar slumped to a 1-week low, as markets imply around a two-in-three chance of a further easing by the Reserve Bank of New Zealand by year end. The Kiwi trades 0.2 percent down at 0.6549, having touched a low of 0.6548, its lowest level May 8. Investors’ will continue to track broad-based market sentiment, ahead of U.S. economic data. Immediate resistance is located at 0.6653 (May 3 High), a break above could take it near 0.6694 (Apr. 19 High). On the downside, support is seen at 0.6514 (Nov. 1 Low), a break below could drag it below 0.6474 (Oct. 4 Low).
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