Free Trial

Making broader highs

USD
  • The Kiwi remains under pressure and trades heavy after breaking the 0.5900 handle earlier, all a continuation of the overnight session, led by the lower NZ CPI, and the broader base bid in the USD.
  • Main initial focus on the NZDUSD downside is at 0.5859 the September low and lowest since November.
  • USDJPY makes another attempt at its intraday high, with US Yield tilted to the upside.
  • USD is also at session high against the EUR, GBP, CAD, CNY, CNH, and CHF.

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.