Free Trial

The cross has broken back above the.....>

AUSSIE-KIWI
AUSSIE-KIWI: The cross has broken back above the N$1.09 handle to post a fresh
high of N$1.0921. Political uncertainty has weighed heavily on the kiwi post-NZ
election, there now follows a lengthy period (some saying it could be weeks) of
coalition negotiations with NZ First's leader Winston Peters acting as
kingmaker. Resistance lies at N$1.0947 (38.2% N$1.1145 to N$1.0825 decline), a
break opens N$1.0985 (50% fib on the same move). Aussie-kiwi was last at
N$1.0920

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.