The NZD/USD opens around 0.8270 this morning, having drifted lower overnight from recent highs over 0.83.
US stocks have had a quiet session with the S&P 500 currently up 0.15%.
US Treasuries are flat with the 10 year yield at 2.85%. Commodities are mixed with oil prices down slightly while gold is up 0.59%.
The NZD opens at current indicative levels: 0.9087 AUD, 0.6023 EUR, 0.5038 GBP, 85.43 JPY, 0.8807 CAD.
Not much to report from NZ today. From Australia we get NAB Business Confidence at 1:30pm.
The focus this evening will be on a raft of Chinese data including Industrial Production & Retail Sales.
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Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here »
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