By Dan Bell
The NZD/USD is back over 0.8100 this morning on a positive night for risk appetite and hopes Greece's parliament will vote austerity measures though required by international lenders as a condition for further aid.
The EUR/USD has recovered from recent weakness and made a high of 1.4397 overnight.
The AUD/USD is also higher supported by commodity prices and opens around 1.0540 this morning.
Global equity markets have had a positive night with the Dow Jones currently up 1.2% while commodity prices have had an even better night with the CRB Index up 1.74% led by oil which is up over 2%.
The NZD has pushed higher against most of the major cross rates opening this morning around 65.70 JPY, 0.5640 EUR, 0.5060 GBP and 0.7690 AUD.
With no domestic data out today the focus remains on Greece with their parliament voting on austerity measures over the next two days.
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Dan Bell is the senior currency strategist at HiFX in Auckland. You can contact him here
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