NZD/USD last deals at $0.6748, 25 pips.........>

KIWI: NZD/USD last deals at $0.6748, 25 pips higher on the day, as the

Antipodeans outperform in early Asia-Pac trade, drawing support from the BBG

report suggesting that U.S. President Trump is increasingly willing to strike a

deal with Beijing to bolster the stock market. 

- The rate dropped more than 30 pips yesterday, as kiwi finished at the bottom

of the G10 pile, while the greenback was strong. 

- Bulls need to retake yesterday's high of $0.6759 before challenging the 50-DMA

at $0.6784, followed by the psychological $0.6800 level, which also represents

the 200-DMA. Conversely, bears eye yesterday's low at $0.6708 and a breach of

that level would open up the 100-DMA at $0.6680. 

- NZ calendar for the remainder of this week is rather light, with domestic

building permits due to hit on Friday.