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. 

Email:

 

-------------------------------------------------------------

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.

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.

Your access to our unique content is free - always has been. But ad revenues are diving so we need your direct support.

Become a supporter

Thanks, I'm already a supporter.