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NZDUSD holds 0.55996, London range 12.8 pips

US PMI releases at 13:45 and 14:00 UTC are the next event risk

NZDUSD · London session · Published Oct 5, 2026, 9:10 AM

NZDUSD last traded at 0.55996, inside a London session that has run 12.8 pips between 0.55887 and 0.56014. The nearest level above is the round number at 0.56000, 0.4 pips away, and the nearest below is the session open at 0.55950, 4.6 pips down.

Asia traded a 36.8 pip range, opening at 0.56150 and closing at 0.55950. The prior day covered 60.6 pips, and an ordinary day over the last 14 covers 45.5 pips, with the latest day at the 81st percentile of the last 42 days, a busy day for this market.

Five releases of impact 2 or 3 sit in the next 24 hours, starting with USD Final Services PMI at 13:45 UTC and USD ISM Services PMI at 14:00 UTC. Past pmi_usd releases moved NZDUSD 5.20 pips on average in the first 15 minutes and 9.20 in the first 60, in either direction.

Large speculators are net short 17315 contracts, a weekly change of -5935 and the 90th percentile of the last 52 weekly reports. The loudest headline for NZDUSD is graded impact 2 of 3, published at 08:30 UTC.

Session brief

  1. NZDUSD, London sessionOpen 0.55950, high 0.56014, low 0.55887, close 0.55996: a range of 12.8 pips over 131 minutes, from our own one-minute candles.
  2. NZDUSD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. NZDUSD, Asia sessionOpen 0.56150, high 0.56212, low 0.55844, close 0.55950: a range of 36.8 pips over 595 minutes, from our own one-minute candles.
  4. NZDUSD daily rangeAn ordinary day of the last 14 covers 45.5 pips. The latest day sits at the 81st percentile of the last 42 days we hold, which is a busy day for this market. Measured on our own candles.
  5. USD Final Services PMIScheduled 2026-10-05 13:45 UTC, impact 3 of 3. Forecast 58.7. Previous 58.7. From Forex Factory.
  6. NZDUSD reaction to pmi_usdOver 97 past releases NZDUSD moved 5.20 pips on average in the first 15 minutes and 9.20 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 112741Large speculators are net short 17315 contracts, a change of -5935 on the week. That is the 90th percentile of the last 52 weekly reports.
  8. Dow Jones futures slip as Middle East tensions offset Fed rate cut hopesFXStreet. Graded impact 2 of 3 for NZDUSD by our headline classifier.
  9. Economic calendar for NZD and USD5 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-06 09:10 UTC. Our calendar covers up to 2026-11-04 00:00 UTC.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.