The NZD/USD is little changed early and should remain relatively well supported after U.S. and Chinese indicators showed their economies were expanding, says ANZ in its note. "The NZD tends to do well on good global data, and this should keep it in demand and well supported on dips." The pair is at 0.8154 vs 0.8159 late Thursday. The illiquidity in the market caused by the U.S. Thanksgiving holiday is expected to result in a quiet end to the week, "with only the German IFO survey capable of injecting volatility into the market," ANZ adds. It expects the pair to trade in a short-term range of 0.8130 to 0.8180.
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