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

MNI BRIEF: Firms Won't Feel Credit Crunch Soon -Atl Fed Survey

MNI BRIEF: Long Mortgages Still Leave Canadians With Big Bills

COLLINS: DECLINE SO FAR IN INFLATION SLOWER THAN ANTICIPATED

US Treasury Auction Calendar

US EIA:NAT GAS STORAGE +96 BCF TO 2,336 BCF MAY 19 WK

MNI: US NAR APR PENDING HOME SALES INDEX 78.9 V 78.9 IN MAR

MNI: Canada Resilient To US Debt Ceiling Clash- Freeland

MNI BRIEF: BOC Defends 2% Target, Senate Asks About Raising It

MNI INTERVIEW: Canada Budget Keeps BOC On Pause: Ex Official

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Firmer As Risk Appetite Improves

NZD
BulletMarketsForeign Exchange NewsHomepage

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.
119 words

To read the full story

Why Subscribe to

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/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.