Free Trial

AUD/NZD continues to operate on the.....>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD continues to operate on the NZ$1.09 handle, where it has
been situated for the majority of the week, experiencing a crimp in volatility
as the NZD & AUD have weakened in near lockstep against the greenback, following
their recent attempts at a move higher.
- Rate last deals at NZ$1.0920. The 50-DMA (NZ$1.0946) will likely act as a
short term pivot point, with the weeks high (NZ$1.0952) and low (NZ$1.0890)
providing the initial points of resistance and support.
- Regional points of interest during the remainder of the week centre on
Australia, with retail sales data and a speech from RBA's Heath due Friday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.