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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.
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Free AccessMNI China Daily Summary: Monday, December 9
ECB Data Watch
NZD/USD last $0.6756, 34 pips higher on the....>
KIWI: NZD/USD last $0.6756, 34 pips higher on the day, as kiwi posted gains
across the G10 currency board on the back of positive signals re: Sino-U.S.
trade relations, drawing further support from AUD/NZD flows on the back of a
soft AU building approvals print.
- Bulls continue to eye yesterday's high of $0.6759 after the rate peaked a pip
shy of that level in today's Asia-Pac session. A break above would allow them to
target the the 50-DMA at $0.6785, followed by the psychological $0.6800 level,
which also represents the 200-DMA. On the downside, initial support is located
at yesterday's low at $0.6708 and a fall below would shift bearish focus to the
100-DMA at $0.6680.
- NZ economic calendar for the rest of this week is very light, with
participants attentive to developments re: global trade.
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.