MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

BoE Data Watch

BoJ Data Watch

Fed Data Watch

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

AUD/NZD Edges Lowers, Eyes A Test Of 50-Day EMA

NZD
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets
  • AUD/NZD finished Thursday's session down 0.22% at 1.0910, the cross traded in a 30-pip range and closed the session near session lows, with eyes are now on whether we can hold above the 50-day EMA. The 14-day RSI is sitting below 50 at 43, while MACD indictor is showing increasing red bars, focus will now turn to RBNZ on Wednesday.
  • Looking at technicals, the 20-day EMA at 1.0950 now becomes initial resistance, while support now sits 1.0900/03 (round number support/50-day EMA)
  • The AU-NZ 2Y swap is 6bps higher at -69bps.
  • Option expiries: 1.0950 ($146.12m), 1.0850 (304.15m) May 21 NY cut.
  • Today, 1Q PPI input/output
102 words

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.
  • AUD/NZD finished Thursday's session down 0.22% at 1.0910, the cross traded in a 30-pip range and closed the session near session lows, with eyes are now on whether we can hold above the 50-day EMA. The 14-day RSI is sitting below 50 at 43, while MACD indictor is showing increasing red bars, focus will now turn to RBNZ on Wednesday.
  • Looking at technicals, the 20-day EMA at 1.0950 now becomes initial resistance, while support now sits 1.0900/03 (round number support/50-day EMA)
  • The AU-NZ 2Y swap is 6bps higher at -69bps.
  • Option expiries: 1.0950 ($146.12m), 1.0850 (304.15m) May 21 NY cut.
  • Today, 1Q PPI input/output