NZD/USD stuck to a tight, 16 pip range.........>

KIWI: NZD/USD stuck to a tight, 16 pip range overnight after the break above the

August 22 high ($0.6720) was limited to a high of $0.6727 on Tuesday, although

the rate has been more resilient than some of its major counterparts in the face

of a USD recovery in the latter half of Tuesday's session, last ~$0.6710.

- Bulls continue to eye the pre-RBNZ decision area (~$0.6750), while support is

noted at ~$0.6670.

- Thursday's ANZ business confidence survey headlines the NZ docket this week.

As a reminder last week saw RBNZ Gov. Orr reiterate that the biggest risk to the

NZ economy comes in the form of business investment, so the upcoming release may

come under more scrutiny than usual.