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Why MNI
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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.
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Free AccessMNI US Macro Weekly: Politics To The Fore
MNI Credit Weekly: Le Vendredi Noir
NZD/USD fell 22 pips yesterday and last........>
KIWI: NZD/USD fell 22 pips yesterday and last deals at $0.6881, with kiwi
crosses sticking to fairly tight ranges thus far.
- Yesterday's move lower occurred on the back of renewed trade worries after
reports of Huawei CFO being arrested in Canada, with the U.S. seeking her
extradition. Worth noting that U.S. President Trump remained optimistic re: a
China trade deal in a recent tweet.
- Bears look to a move through yesterday's low/200-DMA at $0.6857 and a break
below would open up the 21-DMA at $0.6831. Meanwhile, bulls need to retake
yesterday's high at $0.6900 to regain upside momentum.
- Next week will see RBNZ Gov. Orr appear in front of parliament. Elsewhere the
NZ Tsy will publish its half year fiscal & economic update. In terms of headline
economic releases, participants will look to manufacturing activity data for Q3.
To read the full story
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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.