Free Trial

Firms Above 20-Day EMA

NZD

NZD/USD prints at $0.6165/70, the pair is ~0.4% firmer today.

  • The pair has firmed above the 20-Day EMA ($0.6161), the greenback is pressured and US equity futures are firmer. Markets have looked through the political instability in Russia with risk-on flows evident thus far.
  • AUD/NZD is down ~0.3%, falling below the 200-Day EMA. The cross last prints at $1.0835/45.
  • Cross asset wise; e-minis are up ~0.2% and BBDXY is down ~0.1%. US Treasury Yields are a touch lower across the curve. WTI futures have pared early gains and sit up ~0.3%.
  • A light docket for the remainder of the session leaves wider swings in risk sentiment as the main driver in NZD.

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.