FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Firms Above $0.64

NZD

NZD/USD has firmed above $0.64 handle for the first time since early April, the pair is up ~0.2% last printing at $0.6400/05.

  • The greenback has been marginally pressured after an offer in USD/JPY spilled over, another stronger than forecast Yuan fix and higher regional equities.
  • Bulls now target the high from Feb 3 at $0.6487, a break through here opens year to date highs at $0.6538.
  • AUD/NZD is ~0.2% lower, however the pair remains in a narrow range as it consolidates below $1.08.
  • Cross asset wise; Hang Seng is up ~0.5% and BBDXY is down ~0.1%. US Tsy Yields are a touch lower across the curve.
  • A reminder that NZ markets are closed today for the observance of a national holiday. Looking ahead, Wednesday's Q2 CPI print presents as the next macro risk event.
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.