The Opening Bell: Where currencies start for Monday, January 6, 2014

The Opening Bell: Where currencies start for Monday, January 6, 2014

By Dan Bell

The NZD/USD opens around 0.8270 this morning after finding support against most currencies last week.

After trading with a softer tone during the last week of 2013 the Kiwi has been one of the strongest currencies during the first week of 2014.

Against the major cross rates we open at 0.9236 AUD, 0.6086 EUR, 0.5045 GBP, 86.76 JPY, 0.8799 CAD.

Nothing to report on the local front today.

The focus this week will be on the US Employment Report at the end of the week. 




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

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