MNI BRIEF: Fed's Barr Aims For Broad Consensus On Capital Plan

FED'S BARR: WE THINK FAIRLY SOON WE CAN ADJUST PACE OF QT

FED BARR: EXPECT BROAD, MATERIAL CHANGES TO BASEL III PROPOSAL

MNI EM China Daily Summary: Friday, March 22

MNI China Press Digest Mar 22: Autos, Local Gov, Real-Estate

MNI: PBOC Drains Net CNY11 Bln Via OMO Fri; Rates Unchanged

Bond Supply Calendar: Long BoE APF Sales on Monday

MNI: BAKER HUGHES US RIG COUNT 624; OIL RIGS 509; GAS RIGS 112

EZ/UK T-Bill Calendar: Germany, France Auction Monday

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Firmer As Risk Appetite Improves

NZD

NZD/USD prints at $0.6190/0.6195, the pair was up ~0.1% yesterday.

  • The pair firmed into the close as news that embattled First Republic Bank secured a rescue package saw risk-appetite improve. NZD/USD met resistance a touch below $0.62.
  • Earlier in the session the pair observed a narrow $0.6160/80 range with little follow through on moves.
  • Technically the pair continues to consolidate. Bulls first look to break the 200-Day EMA at $0.6275. Bears look to break 2023 lows at $0.6085.
  • AUD/NZD held on to the majority of its post NZ GDP gains yesterday, the pair met resistance at $1.08 and last prints $1.0755/65.
  • Cross asset wise; S&P500 rose 1.8% and BBDXY fell 0.3%. 10 Year US Treasury Yields rose 12bps.
  • The domestic data calendar is empty today.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

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.