The Opening Bell: Where currencies start for Friday, March 22, 2013

By Dan Bell

The NZD/USD opens higher at 0.8330 this morning after a mixed night for global markets.

Yesterday’s much stronger NZ GDP number and Chinese Manufacturing PMI saw the NZD outperform all other starters last night.

European issues weighed heavily on the other hand, with Cyprus given until Monday to reach a deal, and European Manufacturing PMI coming out well below expectation.

Stock markets currently: Dow Jones -0.41%, S&P -0.6 %, FTSE -0.69%.

The NZD opens the crosses - 0.7970 AUD, 0.6450 EUR, 0.5485 GBP, 79.05 JPY, 0.8525 CAD.

A light data day today, NZ Visitor Arrivals at 10.45am – go the Black Caps at Eden Park!


To subscribe to our daily Currency Rate Sheet email, enter your email address here.



Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here »

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

We welcome your comments below. If you are not already registered, please register to comment or click on the "Register" link below a 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.