Free Trial

NZD holding around session lows heading into...>

KIWI
KIWI: NZD holding around session lows heading into RBNZ Gov. Orr's press
conference at the top of the hour. $NZD/USD 0.6705, after hitting a low of
$0.6699, AUD/NZD last NZ$1.1087, after hitting a high of NZ$1.1098.
- NZD/USD bears focus on the YtD low of $0.6688, AUD/NZD interest in the figure
at NZ$1.1100, followed by the Dec 2017 high NZ$1.1114.
- Orr's willingness to adopt a completely new communication method, including
wholesale changes to the statement accompanying the OCR decision, could make his
press conference very interesting.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.