The Asia-Pacific session saw NZD/USD add 6.....>

KIWI: The Asia-Pacific session saw NZD/USD add 6 pips. The release of a narrower

than exp. Chinese trade surplus, accompanied by a particularly weak breakdown,

knocked the kiwi from the top of the G10 pile, but failed to drag it towards the

lower end of the G10 currency table, as stronger than expected NZ building

construction work put into place seemingly provided support from the off.

- A familiar technical picture remains in play. Bulls continue to eye the

100-DMA at $0.6777 and a break above would shift their focus to the 50-DMA at

$0.6799. Meanwhile, bears look to the 200-DMA & Thursday's low/lower 1.0% 10-DMA

envelope at $0.6745/44. A fall through that level would open up the Feb 12 low

of $0.6720.

- NZ focus next week will fall on domestic food prices due Wednesday and

BusinessNZ m'fing PMI due Friday.