May 6, 2015: AUD is the strongest. NZD is the weakest.
The AUDNZD is a big winner as the AUD continued it's "RBA is done easing" rally. Meanwhile in NZD, the weaker employment and wages in New Zealand for the 1Q sent the NZD lower.
The USD is weaker against all currencies with the exception of the NZD as traders continue to adjust to weaker data. ADP employment change (+200 K) is due at 8:15 AM ET. Non Farm Productivity is expected to show a -1.9% decline in 1Q. Janet Yellen and IMFs Lagarde speak on a panel in Washington. They are supposed to speak on topics in "finance, governance, and society" (HMMM) at 9:15 AM ET. Fed's George speaks at 1:15 PM ET on a Credit Markets panel (in Washington) and Fed's Lockhart speaks on monetary policy in Louisiana at 1:30 PM ET.
Bond yields are higher, with the US 10 year yield trading at 2.2106 - above the 200 day MA at 2.1903. This is the first look above the 200 day MA since April 2014.
