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ANZ note that Monday saw another strong........>

KIWI
KIWI: ANZ note that Monday saw another strong round of performance for NZD,
"again fuelled by a lift in risk appetite and decent performance by equities.
Having held key support at the old $0.6150/70 resistance level and batted in, a
break of $0.6300 now looks imminent. Longer term themes remain negative for the
most part, but markets are ignoring them for now and that's a situation that
could easily extend into Q3. So for now it's all about the unwind of trends into
the downturn and optimism over re-opening of economies."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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