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NZD/USD last deals at $0.6825, 8 pips higher...>

KIWI
KIWI: NZD/USD last deals at $0.6825, 8 pips higher on the day, with kiwi
narrowly outperforming all of its G10 peers but the yen at writing. 
- In early Asia-Pacific hours, NZ gov't released its financial statement for the
5 months to Nov 30. The document indicated a budget surplus of NZ$261mn against
a NZ$88mn deficit forecast, on the back of higher tax revenue & limited
spending. Also in terms of data releases, NZ Dec retail card spending fell 2.3%
m/m, which marked the biggest fall on record (i.e. since 2002). 
- As a reminder, Tuesday saw the latest GDT & WMP prices rise by a larger than
exp. amount. 
- Familiar technical levels remain in play, with bulls looking for a break above
yesterday's high of $0.6849 in search of some upside momentum. On the downside,
initial attention is drawn by the $0.6800 figure, where the pair bottomed
yesterday. A fall below would bring a pair of DMAs at $0.6797 (50-DMA) & $0.6788
(55-DMA, 200-DMA) into view. 
- NZ focus turns to REINZ house sales due tomorrow & BusinessNZ m'fing PMI due
Friday. Domestic CPI will headline the NZ docket next week.

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