EUR/USD edges lower after four days of gains, trading around 1.1560 during the Asian hours on Tuesday. The pair holds losses as the US Dollar (USD) gains support amid growing hopes that the US government shutdown resolution is nearing.
New Zealand Dollar (NZD) is likely to trade in a range between 0.5610 and 0.5645. In the longer run, positive divergence suggests waning downside momentum; a breach of 0.5660 would mean that weakness in NZD has stabilized, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
The Eurozone Sentix Investor Confidence Index deteriorated to -7.4 in November from -9.2 in October.