MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

MNI BRIEF: China To Cut Rates, Boost Borrowing-Work Conference

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI: US NOV FINAL DEMAND PPI +0.4%, EX FOOD, ENERGY +0.2%

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 Off 3-Month Low, ANZ Business Survey On Tap

NZD

NZD/USD prints at $0.6165/70, ~0.1% firmer in yesterday's trading.

  • Broad based greenback weakness in the European session helped lift NZD/USD off its lowest level since November, firming ~0.8% from trough to peak.
  • Resistance was seen ahead of $0.6180 and the Kiwi marginally pared gains as US Equities retreated from best levels.
  • The technical downtrend continues, bears target $0.60, round number support. Bulls first look to break the 20-day EMA at $0.6282 to turn the tide.
  • Cross asset flows showed a risk-on tone. S&P500 was up 0.3%, and DXY was down ~0.5%. 10 Year US Treasury Yields were ~2bps lower.
  • The Feb ANZ Business Survey is on the wires this morning. There are no estimates for the print, Business Confidence prior read was -52.0 and Activity Outlook was -15.8.
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.