CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Rangebound vs USD, AUD/NZD Firms

NZD

NZD/USD prints at $0.6315/20, ~0.1% lower than yesterdays closing levels.

  • The pair has been in a narrow $0.6310/30 range today, with little meaningful moves observed.
  • There was a muted reaction to Jan Business NZ Manf. PMI data. The measure is back in expansionary territory, printing at 50.8 and the prior read was revised higher to 47.8.
  • Jan Card Spending was also on the wires, with Total Card Spending printing at 3.3% rising from -1.2% prior. Retail Card Spending rose 2.6%, the prior print was revised higher to -2.3%.
  • AUD/NZD is ~0.2% firmer, last printing $1.0975/85. Bulls look to retest $1.10 handle to target $1.1045 the high from Nov 11.
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.