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Policy
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Global Macro
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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
NZD continues to underperform following the....>
KIWI: NZD continues to underperform following the cautious unchanged RBNZ and is
currently the weakest in G10 against the USD with losses of 1.05% in May and
4.48% over the quarter. Dovish remarks that allowed the OCR rate to move up and
down rather than on hold has seen the Kiwi fall to 5-month lows of $0.6904.
Strong demand is reported on approach to $0.6900 ($0.6902 - Dec12 low), a break
is likely to trigger stops, opening long-term fibo support at $0.6844 (Aug24
2015 low - Jul27 2017 high $0.6130-0.7558). AUDNZD broke above its 100-dma
(NZ1.0772) to NZ$1.0811 and will be monitored on a closing basis today.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.