The NZD/USD opens at 0.8250 this morning after quite weekend trading, ahead of today's US holiday (Martin Luther King Jr Day).
US stocks also had a subdued but mixed session with the S&P500 down 0.39% and the DJ up 0.25%.
US 10yr Treasury bond yields initially rose from 2.83% to 2.86% but fell after the consumer confidence data to 2.82% - a six-week low.
The NZD opens at current indicative mid rates: 0.9390 AUD, 0.6090 EUR, 0.5028 GBP, 85.87 JPY, 0.9035 CAD.
The focus this week for the NZD will be centered on tomorrows Q4 CPI which is expected to come in flat.
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Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here »
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