Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
AUSSIE-KIWI: AUD/NZD has operated in a narrow 35 pip range overnight, softening
over the last hour or so as the NZD/USD firmed above $0.6800. This comes after
the rate briefly broke below NZ$1.0600 on the back of RBA Gov. Lowe's comments
- Rate last NZ$1.0616. Bears look to NZ$1.0600, followed by yesterday's low at
NZ$1.0590, ahead of the Apr 18 low at NZ$1.0576. Bulls have failed to
consolidate > NZ$1.0700 in recent sessions & need to reclaim the figure to open
up a series of recent intraday highs between NZ$1.0747 & NZ$1.7667, with the
21-DMA at NZ$1.0748 layered in-between.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.