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NZD/USD is virtually unch. on the day, last....>

KIWI
KIWI: NZD/USD is virtually unch. on the day, last at $0.6763. Kiwi shrugged off
the release of BusinessNZ m'fing PMI, as the index accelerated in December. 
- Bears keep an eye on the 21-DMA at $0.6746 before attempting a move at
yesterday's low of $0.6728. Conversely, bulls look for a break above the 200-DMA
at $0.6781 before challenging yesterday's high/55-DMA at $0.6787/91. 
- NZ focus next week turns to domestic CPI due Wednesday. Elsewhere, Chinese GDP
due Monday, as well as any developments re: Sino-U.S. trade relations will be of
interest. As a reminder, there is a regional holiday in Wellington on Monday,
which may impact liquidity early next week.

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