Free Trial

NZDUSD eye Friday's low

NZD
  • Kiwi continues to drift lower, now down 0.67% against the Dollar.
  • Immediate support comes at Friday's low 0.7205.
  • Risk off, and some long cover in AUD, dragging NZD with it has weighted on the Aussie and kiwi.
  • USD still trade in the green against most G10s, besides the CAD.
  • Turnovers and Volumes are more subdued, with most desk on the sideline ahead of the awaited US CPI

To read the full story

Close

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.