A Big Miss for NZ Trade Balance

It has been a poor start to the morning for the good old Kiwi as trade balance data was off the mark.

No Change in Rates

It has been a poor start to the morning for the good old Kiwi as trade balance data was off the mark.

For August we saw -1484 vs -925 expected.

We also have business confidence out later today and of course the RBNZ later this week.

The NZD/USD is in the red now, however, the move lower is only small.

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Dime Levov
FXL Admin

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