There was very little data to report from most of the major world currencies yesterday as the week got off to a slow start. This could mean more movement today.
Today sees the release of Canada’s Raw Material Price Index (RMPI) and Industrial Product Price Index (IPPI) data. Any change in oil price is likely to cause a more significant movement in the currency.
Elsewhere, we have building consent data from New Zealand. This shows the change in the number of new building approvals issued in the country. Any changes could spell some movement for the New Zealand dollar.
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