The NZD/USD opens around 0.8190 this morning after trading to highs around 0.8230 overnight.
US stock markets consolidated recent gains with the S&P 500 up 0.24%. Commodities were flat.
US economic data was mixed with house prices up 13.3% for the year, their strongest annualised gain in 7-1/2 years. Consumer confidence fell again, the fourth decline in 5 months.
The NZD opens at current indicative levels: 0.8968 AUD, 0.6033 EUR, 0.5052 GBP, 82.92 JPY, 0.8693 CAD.
From New Zealand we get Trade Balance data at 10:45am this morning. Tonight the focus will be on US Core Durable Goods Orders.
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Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here »
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