Free Trial

AUD/NZD last trades 20 pips or so.......>

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD last trades 20 pips or so lower at NZ$1.0481, just off
session lows of NZ$1.0473.
- Rate under pressure as AUD/USD moves below the 2018 low post-soft Chinese
Caixin manufacturing PMI data. Bears look to the December 24 low of NZ$1.0439,
followed by the recent cycle low at NZ$1.0434. Bulls continue to look for a
close above the 21-DMA at NZ$1.0501, followed by a series of recent intraday
highs layered between NZ$1.0527 & NZ$1.0555.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.