• NZD/USD was the strongest peer in the FX space and rallied more than 1%.
• US manufacturing activity stabilized, but input prices rose, sparking inflation concerns.
• NZD/USD Price Analysis: Will test solid resistance around 0.6280-0.6300, with daily Mas hoovering around the area.

Despite sentiment shifting sour, the NZD/USD rallies and stays firm above the 0.6250 area, bolstered by a softer greenback, albeit UST bond yields are rising sharply. US equities are pointing toward registering losses, which could weigh on risk-sensitive currencies at the beginning of the Asian session. At the time of writing, the NZD/USD is gaining 1.16% or 71 pips.