NZD races to the top of the major currency bloc again

It's been a recurring theme this week that no matter what the situation, the kiwi just wants to head higher.

NZD/USD heads to session highs of 0.7388 on the day as markets continue to sit on edge following tensions in the Middle East and the trade wars rhetoric - which is taking more of a back seat - between US and China.

The pair held onto the resistance-turned-support level from March highs on the daily chart over the last two days and is now making a run higher again in a bid to test the year's high at 0.7438.