Free Trial

NZD outperforms at the European crossover......>

KIWI
KIWI: NZD outperforms at the European crossover and remains top of the G10 pile
with gains of 0.23%. NZDUSD holds around $0.6540 with near-term resistance at
$0.6565/70 from the double top area, above here opens the 55-dma at $0.6584,
ahead of the monthly highs at $0.6618. AUDNZD holds toward the base of its Asia
range with support at NZ$1.0839 from the 50% retracement of NZ$1.0748-1.0929 &
up trendline support off the Oct 22 low. NZDJPY stalled around down trendline
resistance off the Oct 19 high at Y73.31, last Y73.21.    

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.