HiFX Morning Update, January 28 2016

HiFX Morning Update, January 28 2016

NZDUSD 0.6515 0.2%
NZDEUR 0.5995 0.0%
NZDGBP 0.4569 0.5%
NZDJPY 77.45 0.5%
NZDAUD 0.9228 -0.5%
NZDCAD 0.9155 0.1%

The NZDUSD opens at 0.6515 (mid-rate) this morning.

The NZD has outperformed all its major trading partners with the AUD the only exception. The AUD pushed higher yesterday afternoon following their better-than-expected Q4 CPI data release.

The FOMC Statement due out in 30mins followed by the RBNZ Statement at 09:00 will dictate direction from here.

Global equity markets are broadly higher - Dow +0.05%, S&P 500 +0.3%, FTSE +1.33%, DAX +0.59%, CAC +0.54%, Nikkei +2.72%, Shanghai -0.52%.

Gold prices are down $2 trading at $1116 an ounce, WTI Crude Oil is currently up 2.5% at $32.20 a barrel .

ends

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