CANADA MAY RETAILS -0.8% VS FORECAST -0.6%, PRIOR +0.6%

MNI: Canada June Retails Fall And May Biggest Drop In A Year

MNI China Daily Summary: Friday, July 19

MNI BRIEF: China To Boost Consumer Spending, New Industries

MNI BRIEF: China Enhances Fiscal Response To Boost Economy

MNI BRIEF: China To Promote Migrates' Rights, Reform Hukou System

MNI: BAKER HUGHES US RIG COUNT 586; OIL RIGS 477; GAS RIGS 103

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

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

Pares Gains In Late Trade, AUD/NZD Below $1.07

NZD

NZD/USD prints at $0.6245/50, the pair was ~0.5% firmer in yesterday's dealing.

  • Kiwi pared gains into the close as weakness in US equities, led by a decline in regional banks, saw the USD pare losses.
  • NZD/USD closed below its 200-Day EMA ($0.6261) , after falling around ~0.7% from Thursdays session highs.
  • Bulls target the March 20 high at $0.6303, from here they can target 2023 highs at $0.6538. Bears first look to break $0.62.
  • AUD/NZD fell ~0.5%, the cross prints a touch below the $1.07 handle.
  • S&P500 finished ~0.3% firmer, however the index fell 2% off session highs. DXY was ~0.2% firmer. 2 Year US Treasury Yields fell ~10bps.
  • The domestic data calendar is empty today.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

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.