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Bullish Outlook


Bear Threat Still Present


Yen under pressure


Bono/Oblis & Obli-Ei


Onshore yuan 0.5% weaker vs USD

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

KIWI: The flightless bird opened in Asia at $0.7171 toward the lower side of the
$0.7147 to $0.7217 range witnessed yesterday, where US dollar strength and a
soft global dairy auction placed the kiwi on the defensive. There is no
significant data or scheduled events in Asia likely to influence trading,
direction will be garnered from regional equities and US rate yields. Support
lies at $0.7134 (50% $0.7051-$0.7217), while resistance is noted at $0.7217
(Oct17 high). 

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