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NZD/USD advanced yesterday, extending its......>

KIWI
KIWI: NZD/USD advanced yesterday, extending its current winning streak to six
straight days, amid broader USD weakness. The kiwi may have also drawn some
support from local coronavirus news, although there was little immediate
reaction to the headlines. New Zealand announced that it has virtually defeated
the Covid-19 outbreak on its soil, as the last patient has recovered, while the
gov't announced that the country is lifting all lockdown restrictions but border
controls at midnight.
- In an interview with RNZ, NZ Immigration Min suggested that the country is
going to become less reliant on migrant workforce in future, which may result in
some changes to visa conditions. 
- Elsewhere, ANZ Truckometer Heavy jumped 86.9% M/M after falling 45.3% in Apr.
- NZD/USD trades flat at $0.6561. A break above the psychological $0.6600
barrier would expose Jan 16 high of $0.6665. Conversely, below Mar 9 high of
$0.6448 would clear the way to the 200-DMA at $0.6320.
- New Zealand's flash ANZ Business Confidence is due today, m'fing activity hits
on Wednesday, card spending on Thursday and BusinessNZ M'fing PMI on Friday.
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