The Opening Bell: Where currencies start for Tuesday, January 7, 2014

The Opening Bell: Where currencies start for Tuesday, January 7, 2014

By Dan Bell

The NZD/USD opens at 0.8290 this morning after finding support around 0.8250 overnight.

Holiday trading conditions continue to keep markets quiet.

US stocks are marginally weaker with the S&P 500 down 0.11%.

Commodities are relatively unchanged.

The NZD opens at current indicative levels: 0.9244 AUD, 0.6079 EUR, 0.5052 GBP, 86.43 JPY, 0.8830 CAD.

Nothing to report from NZ today.

From Australia we get Trade Balance data at 1:30pm. 

Email:

 

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

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