12/15/2020 9:01:18 PM GMT | By Joel Frank NZD/USD is consolidating just beneath the 0.7100 level ahead of Q3 Current Account numbers. NZD has benefitted from a broad risk-on wave on the back of stimulus hopes that undermined demand for USD. NZD/USD has put in a solid performance thus far this Tuesday, and currently trades just to the south of the 0.7100 level. At present, the pair is trading with gains of around 20 pips or just under 0.3% on the day. NZD boosted in tandem with other risk assets Its been a risk-on day, with gains in the likes of USequities (the S&P 500 is trading over 1% higher) and crude oil markets (WTI is also trading over 1% higher) being driven by hopes that the US lawmakers can agree a deal on further Covid-19 in crunch talks which are slated to begin at 21:00GMT.