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NZD/USD continues to struggle above $0.6700....>

KIWI
KIWI: NZD/USD continues to struggle above $0.6700 despite the broader pull back
in the greenback, with the cross last dealing just shy of the figure.
- Bulls need to break the August 22 high ($0.6720) to open up a move to the
pre-RBNZ area (~$0.6750).
- Thursday's ANZ business confidence survey headlines the NZ docket this week.
As a reminder last week saw RBNZ Gov. Orr reiterate that the biggest risk to the
NZ economy comes in the form of business investment, so the upcoming release may
come under more scrutiny than usual.
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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