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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
- Further wave of USD sales helps put majors again at a session high - NZD/USD now at the session's best levels and narrowing in on the next upside level of 0.6303 - the 100-dma. Strength through here opens 0.6325 initially before firmer resistance expected headed into the April best at 0.6379.
- Broader NZD strength has tilted GBP/NZD off a multi-month high printed at 2.0130. Key uptrendline support drawn off the Feb 3 low intersects at 1.9696.
Figure 1: GBP/NZD Uptrendline drawn off February 3rd low
Source: Bloomberg
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.
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