NZD/USD last $0.6905, 11 pips higher on the....>

KIWI: NZD/USD last $0.6905, 11 pips higher on the day, as post-FOMC USD weakness

has spilled over into the Asia-Pac session (although the USD is recovering from

session lows at present), while kiwi garnered some strength after S&P affirmed

New Zealand at AA and lifted its outlook to positive from stable. 

- This comes after the pair advanced 60 pips Wednesday. 

- Bulls look for consolidation above the $0.6900 figure before challenging the

2.0% 10-DMA envelope at $0.6944. Meanwhile, bears need a fall through the Dec 05

low of $0.6890 before attempting a run at the 55-DMA at $0.6801. 

- NZ focus during the remainder of this week will fall on the ongoing top-level

Sino-U.S. trade talks, as well as official Chinese PMI data due in a few mins.