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October 01, 2018 22:36 GMT

NZD/USD has broken below $0.6600 on the back...>

Anthony Barton

KIWI

KIWI: NZD/USD has broken below $0.6600 on the back of a soft NZIER quarterly

survey on business opinion, which revealed the lowest headline reading since

March of 2009.

- The survey also noted that "a net 0.4 percent of firms reported higher demand

over the September quarter - the lowest level since September 2012."

- Bears look to target support at the 19 September low ($0.6573). Initial

resistance is noted at Friday's high ($0.6640).

- NZ QV house price data provides the most notable point of interest during the

remainder of the week.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

Markets Foreign Exchange News

Anthony Barton

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

Markets Foreign Exchange News

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