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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 AccessNZD/USD Testing Overnight Highs AUD/NZD Breaks 1.0600
- NZD is benefitting from a risk on move after Nvidia beat estimates, Eminis are 0.75% higher, while Nasdaq futures trade 1.35% higher, NZD/USD currently trades 0.29% higher, testing Wednesday highs to trade 0.6195. Initial technical resistance holds at 0.6206 the Jan 16 high.
- AUD/NZD breaks below 1.0600 and makes fresh yearly lows to trade at 1.0586, opening up a move to the May 2023 lows of 1.0560
- Looking ahead to Friday NZ has Retail Sales, while later today the US has Chicago Fed Nat Activity Index, Job Claims , and Existing Home Sales due out.
To read the full story
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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.