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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
MNI INTERVIEW2: Poland To Push For EU Defence Fund
NZD/USD round tripped from an intraday peak....>
KIWI: NZD/USD round tripped from an intraday peak at $0.6443 on Monday, as the
rate meandered in search of any catalyst that would push it firmly either way.
It finished just marginally above neutral levels.
- FinMin Robertson & RBNZ Chief Economist Ha spoke with BBG today, stressing
that they are keeping (respectively) all fiscal and monetary options on the
table. Yet, Robertson noted that helicopter money us not in the immediate plans.
Ha commented on the reference to the exchange rate in the latest OCR decision,
saying that it "does not imply any monetary policy action or inaction".
- Elsewhere, Dep PM Peters told RNZ that the gov't is not planning to relax
border controls, even after the EU allowed the Kiwis to enter Europe.
- The rate sits at $0.6428. 6 pips better off. Bulls look for a jump above Jun
23 high of $0.6533 before targeting Jun 10 high of $0.6584. Bears need a drop
below $0.6377, the trough of Jun 22, before taking aim at the 200-DMA/23.6%
retracement of the Mar 19 - Jun 10 rally at $0.6326/21.
- Final ANZ Business Confidence Survey headlines New Zealand's docked today,
with building permits coming up on Wednesday.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.