Free Trial

Westpac's mortgage rate move led to.....>

AUSSIE-KIWI
AUSSIE-KIWI: Westpac's mortgage rate move led to further AUD underperformance on
Wednesday, with AUD/NZD last ~NZ$1.0895.
- Bears now eye the 100- & 200-DMAs at NZ$1.0852 & NZ$1.0843 respectively, with
initial resistance noted at NZ$1.0947. Momentum indicators point to modestly
oversold to neutral conditions, dependant on the timeframe employed.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.