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NZD/USD has added 15 pips so far and last......>

KIWI
KIWI: NZD/USD has added 15 pips so far and last trades at $0.6816 after falling
56 pips Thursday, as kiwi moved in sync with AUD. The rate jumped to intraday
highs, owing to a strong Australian labour mkt report, before tanking, as
Westpac revised its RBA rate call, while RTRS cited sources stating that China
Dalian customs banned Australian coal imports.
- Reports of progress in the Sino-U.S. trade talks provided some support to the
pair, but the impact was more than offset by the aforementioned factors. Worth
mentioning BBG reported that U.S. President Trump will meet with China's top
trade rep Liu on Friday, which is widely viewed as an optimistic signal.
- Bulls need to clear the 21-DMA at $0.6830 before attempting a move at $0.6877,
which capped gains on Thursday. On the downside, initial focus falls on the
50-DMA, situated at $0.6786, while a fall below would open up the 200-DMA at
$0.6751.
- Domestic credit card spending comes out at 0200GMT, concluding this week's NZ
data releases.

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