Free Trial

NZD/USD last deals at $0.6916, ucnhanged on....>

KIWI
KIWI: NZD/USD last deals at $0.6916, ucnhanged on the day. This comes after the
pair advanced 22 pips yesterday, touching intraday high of $0.6939 at the
1600GMT London fix. 
- Bulls look to retake yesterday's YTD high, which would bring the Dec 4 peak at
$0.6970 into view. On the downside, initial spotlight falls on the psychological
$0.6900 level and a break below would open up $0.6887, where the rate bottomed
yesterday. 
- NZ focus today turns to Chinese Caixin m'fing PMI due at 0145GMT/1245AEDT,
while labour mkt data headlines the NZ docket next week.

To read the full story

Close

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.