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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 AccessNZD/USD last deals 15 pips lower on the day....>
KIWI: NZD/USD last deals 15 pips lower on the day at $0.6678,sitting just above
the 100-DMA located at $0.6677.
- The soft U.S. ISM print allowed NZD/USD to extend further away from its flash
crash lows on Thursday, as the rate added 40 or so pips on the day, against a
backdrop of broader USD weakness.
- The aforementioned 100-DMA provides the initial line of support, with any
break allowing bears to target the flash crash low at $0.6575, ahead of the
November 2018 low at $0.6515. The close above the aforementioned 100-DMA will
please bulls who now look to $0.6700 and the Jan 03 high at $0.6723.
- The NZ docket is relatively limited over the next week, with building permits
data providing the most interest.
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.