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The flightless bird opened in Asia at..........>

KIWI
KIWI: The flightless bird opened in Asia at $0.7312 at the upper end of the
$0.7224 to $0.7318 range witnessed yesterday, where Trump's move to dissolve two
business councils and Fed's inflation concerns placed the greenback on the
defensive. NZ's Q2 PPI (2245GMT) and ANZ's Consumer Confidence (0100GMT) data
provide the event risk for the local market, arguably, more reaction could come
from Aussie Jobs data (cross flows) at 0130GMT. Resistance lies at $0.7352
(38.2% $0.7558-$0.7224), while hourly support is located around $0.7280. Kiwi
was last at $0.7315.

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