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Marginally Firmer On Monday

NZD

NZD/USD prints at $0.5820/25, the pair is ~0.1% firmer this morning.

  • Kiwi has ticked higher through this morning's session however ranges remain narrow with a $0.5805/25 range being observed thus far.
  • AUD/NZD sits a touch above the $1.09 handle, bulls target $1.0923, the high from 18 Sep and the $1.10 handle.
  • NZ Filled Jobs rose 3.1% Y/Y in September, which was the fastest pace since April.
  • Cross asset wise, E-minis are up ~0.3% and BBDXY is unchanged. US Tsy Yields are ~2bps firmer across the curve.
  • Looking ahead, tomorrow we have September Building Permits and October ANZ Business Survey due.

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