MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22

MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1918 Mon; -1.35% Y/Y

CHINA PRESS: Yuan To Reach 17% Of Global Payments By 2035

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

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

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

See-Saws After Fed Rate Decision, Local Docket Empty Today

NZD

NZD/USD prints at $0.6210/15, the pair was ~0.1% softer on Thursday.

  • The see-sawed in the aftermath of the Fed's decision to rate rates to a 22-Year high. NZD/USD initially fell below $0.62 before paring losses and printing a session high as Fed Chair Powell remained non committal about a September decision in the press conference.
  • The pair pared gains into the close as US Equities came off session highs, finishing the day marginally lower.
  • Bulls target a break of the 200-Day EMA ($0.6229), from here they can target the high from 20 July ($0.6308). Bears target a break of Monday's low ($0.6164) which opens the low from 29 June ($0.6051).
  • AUD/NZD dealt in a narrow range yesterday and sits a touch below the $1.09 handle.
  • Cross asset wise; BBDXY fell ~0.3% and 10 Year US Tsy Yields were ~2bps lower. S&P500 was little changed yesterday.
  • The local docket 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.