The NZD/USD opens at 0.8350 having drifted higher this morning on the back of a weaker USD.
Weaker than expected Retail Sales and Unemployment Claims saw the USD sold off, NZDUSD rallying off a low of 0.8295.
NZDAUD is also higher after yesterday?s disappointing Australian Employment data ? 0.9295 on the open this morning.
Stock markets currently: Dow Jones +0.41%, S&P +0.52%, FTSE -0.23%.
The NZD opens the crosses - 0.9295 AUD, 0.6105 EUR, 0.5015 GBP, 85.35 JPY, 0.9150 CAD.
Chinese CPI and PPI figures released today at 2.30pm.
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Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here »
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