NZD/USD last trades at $0.6875, a touch........>

KIWI: NZD/USD last trades at $0.6875, a touch lower on the day, after finishing

just 2 pips higher Friday, as kiwi erased most of its initial strength, noted in

the Asia-Pac hours, weighed on by a broader risk-off feel observed in the London

and NY sessions.

- Initial bearish focus fall on $0.6866, which limited losses on Friday. Below

here opens the 21-DMA, located at $0.6838. On the topside, bulls hope to clear

the psychological $0.6900 level, which would bring the upper 1.0% 10-DMA

envelope at $0.6930 into view.

- The NZ docket this week is headlined by the RBNZ MonPol decision due

Wednesday, with the OCR widely exp. to stay unch. Key domestic data releases

include trade balance, due tomorrow, ANZ biz. confidence, due Thursday, and

building permits, due Friday.

- Participants will also closely watch any fallout from the Sino-U.S. trade

talks, as U.S. TR Lighthizer & U.S. Tsy Sec Mnuchin are set to travel to Beijing

this week. Worth mentioning the FT reported that Chinese curbs on digital trade

remain a bone of contention in the current phase of the talks.