MNI BRIEF: BOJ's FY26 Inflation View Flat; Upside Risk To FY24, 25 Prices

BOJ SEES BIGGER UPSIDE RISKS TO PRICES IN FY2024, 2025

BOJ SEES FY24 REAL GDP +0.6% VS. APR +0.8%

MNI: PBOC Net Injects CNY185.57 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1346 Weds; -1.39% Y/Y

MNI BRIEF: China July PMI Contracts For Third Straight Month

MNI: GERMANY JUNE EXPORT PRICES +0.6% Y/Y, +0.3% M/M

MNI DATA TABLE: MNI China Interbank Liquidity Index (Jul) - 1

MNI DATA TABLE: MNI China Interbank Liquidity Index (Jul) - 2

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NZDUSD Holding Above 0.6100, Still Sub Key EMAs

NZD

NZD is firmer today, trading a very tight range of 0.6110/6120. There hasn't been much in the way of headlines in Asia today. It was reported earlier that a quarter of all NZ apartments sales are now being made at a loss, while 10% of all residential property sales in Auckland and made at a loss, according to CoreLogic. While ASB has raised is milk price forecast to $8.00/kg from $7.85/kg.

  • NZDUSD, has remained in a tight trading range today of 0.6110/6120, the 20 and 50 day EMA comfortably sit above spot in the 0.6125/6140 range and could be a target if US Job Claims numbers out tonight miss expectations.
  • AUDNZD has traded largely flat today at 1.0670, holding onto the clear break of the 1.070 overnight. The break of 1.070 a level that has held since mid-December could signal further downside to the Dec lows of 1.0650, or Oct lows of 1.0630
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets

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.