Currencies
The Opening Bell: Where currencies start for Tuesday, July 30, 2013
30th Jul 13, 9:08am
by
The NZD/USD opens at 0.8030 this morning after a relatively quiet night in markets.
With key levels left largely unbothered, positioning before Thursday’s FOMC looks to be the main reason for a sell off last night.
US data slightly better than expected – Pending Home Sales -0.4% vs. -1.1% expectation.
Stock markets currently: Dow Jones -0.24%, S&P -0.37%, FTSE +0.08%.
The NZD opens the crosses - 0.8725 AUD, 0.6050 EUR, 0.5230 GBP, 78.55 JPY, 0.8240 CAD.
NZ Building Consents at 10.45am, Australian RBA Governor Stevens speaks at 3.05pm.
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Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here »
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