NZD was pummelled in Tuesday's Asia-Pac........>

KIWI: NZD was pummelled in Tuesday's Asia-Pac session as rumours surrounding Kim

Jong Un's health inspired risk aversion, while RBNZ Gov Orr provided some dovish

central bank rhetoric. He reiterated the gist of his recent messaging re:

further monetary easing being on the table. The main highlight of his address,

however, was noting that the central bank is "open minded" about the

monetization of gov't debt. NZD/USD slid through the day, staging a shallow

bounce off lows amid a brief round of USD sales. Yet, it headed into the close

just slightly above worst levels of the day.

- NZD/USD trades flattish at $0.5956 as we type. A fall below Apr 16 trough at

$0.5922 would shift bearish focus to $0.5844, the low of Apr 3. Conversely,

bullish focus falls on Apr 20 high of $0.6092 and the 50-DMA ($0.6104), which

has been capping recovery attempts over the last week or so.

- New Zealand's card sending data will cross the wires tomorrow.