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Merck's 5Pt Half of Tue's $16B Debt Issuance


(H2)‌‌ Monitoring The 20-Day EMA


CEEMEA FX Price Signal Summary: EURHUF Remains Firm

AUSSIE-KIWI: AUD/NZD last seen at NZ$1.0521, 15 pips lower on the day. 
- Highlights today are Aussie wage price index & Westpac cons. conf. survey, as
well as Chinese monthly economic activity data.
- This comes after the rate added 62 pips yesterday, as AUD was the main
beneficiary of U.S. decision to delay tariffs on some consumer goods from China.
- The rate has already breached its 100-DMA at NZ$1.0527 today and is now
heading towards the 200-DMA at NZ$1.0516. A break under the latter level would
expose the YtD mid-point at NZ$1.0498. Conversely, bulls look to recover
yesterday's high of NZ$1.0545, which also capped gains on Jul 5, Jun 13 & Jun 7.
A rally through the level would shift topside focus to the 61.8% fibo
retracement of the YtD range, which intersects at NZ$1.0554.