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The Opening Bell: Where currencies start for Friday, October 4, 2013

Currencies
The Opening Bell: Where currencies start for Friday, October 4, 2013

By Dan Bell

The NZD/USD opens at 0.8290 this morning after another night of trading the tight current range.

Shots fired at Capitol Hill this morning – the area is in full lock down – reports of injured police officers and a female suspect that has been killed by police.

US debt ceiling concerns remain a major focus – US Treasury said that a failure to resolve could cause a recession worse than 2008.

Good European Retail Sales and Service PMI figures saw EUR strength across the board.

Stock markets currently: Dow Jones -0.80%, S&P -0.77%, FTSE +0.18%.

The NZD opens the crosses - 0.8815 AUD, 0.6090 EUR, 0.5130 GBP, 80.60 JPY, 0.8560 CAD.

Japanese CPI Monetary Policy and BOJ Press Conference due today – No Non-Farm Payroll numbers out tonight due to US Government lock down.

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

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