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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.
NZD
- DXY test another session low, with the Dollar coming under some pressure late yesterday afternoon and overnight with the (FOMO) relentless bid in Equities "Risk On"
- The Kiwi remains the best performer versus the Greenback, with some hope that New Zealand restrictions will be partially eased.
- The kiwi is up 0.9% on the session.
- Chart to watch is the AUDNZD, with the pair trading at lowest levels since April 2020.
- We are now off the lows.
- AUDNZD supports come at 1.0287, 1.0200, 1.0120, followed by the record low and parity at 0.996, which was printed on March 2020.
Chart source: Bloomberg
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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