NZD and AUD are both weaker.
Kiwi has been under pressure since the interest rate decision this morning. while the ‘unchanged’ result was as expected, there has been a fair bit of chatter in the market that Wheeler’s comments were not hawkish enough.
AUD is down since the employment figures. The employment figures result was a bit of a nothing, Employment came in better than expected, but the rise was still underwhelming. Full-time employment was down. The unemployment rate fell, the participation rate fell.
EUR/USD is quiet, but has gained some ground.
