Anti-USD Sentiment Likely to Support NZD/USD, AUD/USD

        2104 GMT [Dow Jones] Anti-USD sentiment should carry over from Friday supporting both the NZD/USD and the AUD/USD, says Westpac currency strategist Imre Speizer in a note: "Strong U.S employment report failed to elevate the U.S. dollar. The headline non-farm payroll measure easily beat estimates, yet saw the initial market responses reversed within a couple of hours." He says weakness in the USD might be explained by an escalation of violence in Ukraine, U.S. treasury bond positioning, and the participation rate component of the employment report. Speizer says locally Australia has building approvals and an inflation indicator but it is China's official manufacturing PMI final reading that will be closely watched. The AUD/USD is at 0.9293 vs. 0.9275 late Friday in New York. Speizer says he expects the AUD/USD to push above 0.9320. The NZD/USD is at 0.8677 vs. 0.8665 late Friday in New York. Speizer expects the NZD/USD to head above 0.8700. (lucy.craymer@wsj.com;Twitter: @lucy_craymer)
        (END) Dow Jones Newswires

        May 04, 2014 17:04 ET (21:04 GMT)