NZD/USD breaks 0.65 handle, hits 2-1/2 year low, eyes 0.6370:FxWirePro | October 4, 2018

Greenback buoyed by upbeat Economic data from the US and comments from top U.S. policymakers.

US ISM non-manufacturing activity index jumped 3.1 points to 61.6 last month, the highest reading since August 1997.

Also, private payrolls rose by 230,000 jobs in Sept, the largest gain since Feb, ADP report showed, after an upwardly revised 168,000 increase in August.

Federal Reserve policymaker Charles Evans said inflation expectations have not gone up as much as he would have liked and he was comfortable with a December interest rate hike.

Powell on Tuesday hailed a "remarkably positive outlook" for the U.S. economy that he feels -1.05% is on the verge of a "historically rare" era of ultra-low unemployment and tame prices.

Price action has closed below 20-DMA -0.01% and Bollinger Bands are widening suggesting rise in volatility .

The major is extending drag in a sloping channel pattern and we see scope for weakness till channel base at 0.6370.