NZD/USD last seen at $0.6662, almost...........>

KIWI: NZD/USD last seen at $0.6662, almost unchanged on the day, after adding 36

pips Friday, with the kiwi finishing as the best G10 performer.

- Early doors on Friday, RBNZ Gov Orr said that he is not "particularly worried"

about slowing NZ growth, albeit adding that the Bank has some room for rate

cuts. Strong NZ trade balance also aided the kiwi, as trade surplus reached the

highest level in eight years, printing at NZ$922mn.

- Elsewhere, yuan strength, stemming from firmer central fixing & comments from

Chinese President Xi, who pledged that China "will not pursue CNY depreciation

that harms others," spilled over into NZD.

- The London/NY crossover saw NZD/USD gyrate on the back of U.S. GDP. Stronger

than exp. headline figure pressured the pair lower, before investors turned

their attention to poor breakdown data, which triggered an immediate recovery.

- Bulls look to Friday's peak at $0.6682; bears look for a slide through the

1.0% 10-DMA envelope at $0.6607 towards the Apr 25 YTD low of $0.6580.

- NZ focus this week turns to domestic ANZ biz. confidence due Tues,

unemployment & QV house prices due Weds, as well as building permits due Thurs.