NZD/USD has underperformed, headed lower? - ANZ

Analysts at ANZ explained that despite a bounce in risk sentiment, the NZD has underperformed.

Key Quotes:

"Despite a bounce in risk sentiment, the NZD has underperformed, suggesting it could head into the weekend threatening to push lower. 

We suspect support levels will hold, keeping it range-bound today, although any US tax reform progress will be key to watch."