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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 AccessNZD has taken a leg lower as the NZ Tsy........>
KIWI: NZD has taken a leg lower as the NZ Tsy explicitly noted that "gauging the
effects of the deterioration in confidence over the past year or so is a key
challenge for the Treasury's forthcoming Half-Year Economic and Fiscal Update
(to be released on 13 December)," with the obvious potential for downside risks
around that specific matter.
- NZD/USD last ~20 pips or so lower at $0.6642. Bulls need a close above the
September 27 high at $0.6678, which would then open up Friday's high of $0.6690.
Bears will take comfort from the move back below the 100-DMA at $0.6664,
allowing them to look to the 55-DMA at $0.6584.
- The latest RBNZ MonPol decision and NZ labour market report headline the NZ
docket this week.
To read the full story
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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.