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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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Free AccessNZDUSD outperformed overnight and extended.....>
KIWI: NZDUSD outperformed overnight and extended gains through $0.6900 after S&P
affirmed NZ at AA, lifting its outlook to positive from stable. Broad-based
dollar sales were also attributed to the move which saw the rate touch $0.6924,
its highest level since early December. Near-term resistance is seen at $0.6932
which represents the long-term 50% retracement of $0.7438-0.6425, a break opens
the Dec 4 high at $0.6970. NZDJPY traded above the 100 & 200-dma's
(Y75.09/75.23) to Y75.41, before fading. This area also holds the medium term
50% retracement level of Y78.86-69.14 and will be key at the close. AUDNZD
briefly traded back under NZ$1.05 with downside focus on the Jan 29 low at
NZ$1.0451.
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.