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The kiwi came under pressure in early..........>

KIWI
KIWI: The kiwi came under pressure in early Asia-Pacific dealing, last 20 pips
or so worse off, just above $0.6730, after printing a low of $0.6724.
- Trade war worry/the lower yuan continue to weigh on the kiwi, with traders now
eying next week's RBNZ MonPol decision as the next key domestic risk event.
Participants also eye the release of the Bank's 2-Year inflation expectations
survey after the recent uptick in its sectoral inflation model.
- The pair is edging closer to the low end of the broader $0.6690-$0.6860 range
observed in July.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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