NZD/USD added 14 pips and sits at $0.6844,.....>

KIWI: NZD/USD added 14 pips and sits at $0.6844, as kiwi garnered some modest

strength on the back of a Xinhua report, which noted that top U.S. and Chinese

officials discussed the next steps in bilateral trade negotiations over the

phone.

- This came after the rate added a handful of pips, as Brexit optimism aided

broader risk appetite, only to erase these modest gains on the back of

disappointing Aussie data releases from across the Tasman.

- On the technical front, a familiar picture remains in play. Bulls target

$0.6853, where the rate peaked on Feb 28, followed by the upper 1.0% 10-DMA

envelope at $0.6875. On the downside, the initial target is provided by the

21-DMA at $0.6824. Below here opens the 50-DMA at $0.6805.

- This week's NZ docket is headlined by BusinessNZ m'fing PMI, due Friday.