NZD/USD last deals at $0.6293, just below......>

KIWI: NZD/USD last deals at $0.6293, just below Friday's close.

- For the most part, the rate traded sideways on Friday and finished almost

unchanged. It climbed to its intraday high of $0.6310 in EU hours, as USD

softened somewhat, but post-WMR fix saw NZD/USD ease off. The move lower was

helped by a BBG report stating that the White House considers delisting Chinese

firms from U.S. exchanges (denied by U.S. Tsy over the weekend).

- Bears look for a fall below the $0.6269-66 region, which limited losses on Sep

3, 25 & 26, before targeting the recent cycle lows of $0.6255. On the topside,

attention is drawn to the round number/23.6% retracement of the Sep 12 - Sep 20

slide at $0.6300/01. Above there would expose the 38.2% retracement of the

aforementioned range at $0.6330.

- The RBNZ has published its annual report: http://tiny.cc/RBNZReport2019. The

document highlighted the need to improve financial resilience.

- Looking into NZ calendar for this week: ANZ will publish their business

confidence survey later today, while participants will closely watch today's PMI

data out of China & Tuesday's RBA decision across the Tasman Sea.