Free Trial

Under considerable pressure

NZD
  • Broader downside continuation for the Kiwi, with desk stills pointing at the poor growth outlook in China, as one of the potential reasons for the moves, these are still perplexing, given their sizes.
  • NZD is now down 1.16% against the JPY, and 1.07% versus the USD, or 1.68% from just Yesterday's high.
  • Even the Aussie is up 0.31%, despite the fall in Australia inflation.
  • Next small support in NZDUSD is at 0.6085.

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.