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NZD/USD coming under pressure after RBNZ.......>

KIWI
KIWI: NZD/USD coming under pressure after RBNZ Deputy Governor Bascand suggests
that an increase in bank capital requirements (from 14% to 15%) may result in an
eventual rate cuts.
- NZD/USD has pressed to fresh session lows on the headlines, last $0.6763 bears
look to the nearby 200-DMA at $0.6751 after a break below the 50-DMA.
- AUD/NZD has moved above the 21-DMA, with bulls now targeting yesterday's high
at NZ$1.0490, last NZ$1.0472.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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