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USDCAD TECHS

Fresh Lows Below 1.2062

AUDUSD TECHS

Extends This Week's Gains

JGB TECHS

(M1) Consolidating

EURJPY TECHS

Upside Extension Within Its Channel

US TSYS SUMMARY

Narrow Range Ahead April FOMC Minutes

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD last deals virtually unchanged at NZ$1.0463 after the pair
stuck to a tight range Thursday as the Antipodeans outperformed.
- Bears still target a clean break below Wednesday's low at NZ$1.0442 to open up
the April 02 low at NZ$1.0434, with a break here opening the 50% retracement of
the YtD range at NZ$1.0419. Bulls need to reclaim NZ$1.0500, and ideally the
100-DMA at NZ$1.0507, to regain to some poise.
- The G20 provides the key point of interest, with the Trump-Xi meeting
(Saturday) providing the focal point of the summit. Also worth remembering that
the latest round of off'l Chinese PMIs are due over the weekend. Monday will see
attention revert to NZ with RBNZ Dep. Gov. Bascand set to speak on macropru
matters, with Chinese Caixin m'fing PMI also due. This will be followed by the
RBA's MonPol decision on Tuesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com