Trial now
MNI

Coming up in the Asia-Pac session on Tuesday:

ASIA

Coming up in the Asia-Pac session on Tuesday:

USDCAD TECHS

Heading North

G7

Health Ministers Release Joint Statement

AUDUSD TECHS

Heavy!

KIWI
KIWI: NZD/USD slipped Thursday, following the release of below-forecast Q1 GDP
figures out of New Zealand & Australia's dire labour market report. Broader
caution arrested recovery attempts and the pair wrapped up on the back foot.
- Little to move the needle either way this morning and the rate trades flat at
$0.6429. A break below $0.6381, which limited losses on Jun 15, would clear the
way to the 200-DMA/23.6% retracement of the Mar 19 - Jun 10 rally at $0.6322/21.
Bulls look to retake Jun 16 peak at $0.6507 before targeting a cycle high of
$0.6584, printed on Jun 10.
- New Zealand's credit card spending hits the wires on Monday, trade balance
comes out Thursday and ANZ Consumer Confidence Survey is due Friday. The RBNZ
will deliver its monetary policy decision on Wednesday.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com