Risk remains on the upside, but with no clear increase in momentum, New Zealand Dollar (NZD) may not be able to break above 0.6080 against US Dollar (USD).
Fortunately, the very public fallout between President Trump and Elon Musk has not had broader market implications. Despite the travails for Tesla, the broader S&P 500 was only off 0.5% yesterday and futures now call the S&P modestly higher today.
The Pound Sterling (GBP) corrects slightly to near 1.3550 against the US Dollar during the European trading session on Friday, falling from a fresh three-year high of 1.3620 posted the previous day.