Free Trial

Rally Fades, But Strong Weekly Gains


Bears Threat Remains Present


Late SOFR/Treasury Option Roundup


St Louis Fed Director On Inflation, Growth


Needle Points North, Despite Friday Pullback

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

NZD/USD trades 5 pips or so higher on the......>

KIWI: NZD/USD trades 5 pips or so higher on the day at writing, last $0.6732,
after printing lows of $0.6713 on the back of the initial bout of risk aversion
observed at the start of the session, before moving back to unchanged levels as
U.S. equity index futures failed to sell off on the U.S.-centric uncertainty.
- Worth remembering that weekend rhetoric out of China re: U.S. trade matters,
pointed to further positive developments, in spite of cautious comments from
U.S. trade hawk Peter Navarro to the Nikkei late on Friday.
- Bulls look for a break above the 50-DMA at $0.6743 to open up Friday's high at
$0.6790. Initial support is located at Friday's intraday low of $0.6706.
- The NZ docket is empty this week so rate will likely be driven by broader risk
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to


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.