The NZD/USD opens at 0.8280 this morning after another subdued evening for markets.
A mixed night for US data – Unemployment claims were better than expected, but GDP and Pending Home Sales numbers disappointed.
Clear focus still on the potential US government shut down on October 1 should policy makers not reach an agreement on new national healthcare law – expect a last minute fix as usual!
The GBP gave back a lot of the previous day’s gains as Current Account figures disappointed and GDP came in as expected.
Stock markets currently: Dow Jones +0.36%, S&P +0.35%, FTSE +0.21%.
The NZD opens the crosses - 0.8845 AUD, 0.6135 EUR, 0.5160 GBP, 81.90 JPY, 0.8535 CAD.
Japanese CPI numbers out today at 11.30am, comments from Fed Member Esther George at 1.15pm.
-------------------------------------------------------------
Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here »
No chart with that title exists.
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.