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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.
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Free AccessAUD/NZD has added 13 pips so far and....>
AUSSIE-KIWI: AUD/NZD has added 13 pips so far and trades at NZ$1.0700, with the
rate supported by a "golden gross" (50- over 200-DMA) formation. It remains
confined to yesterday's range as there has been little out of Australia or New
Zealand to move the needle either way.
- Bulls need a jump through May 26 peak at NZ$1.0741 to bring the NZ$1.0844
cycle peak, printed on May 18, into view. Bears look for a fall through May 22
low of NZ$1.0668, which limited losses yesterday. This would clear the way to
May 11 low of NZ$1.0608.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.