- Monday brought a good start to the week for the New Zealand dollar, as it reached two month highs against its US counterpart. The US market was still feeling the weight of uncertainty around the timing of a likely US rate hike. The New Zealand dollar was also up against its noisy Australian neighbour, with AUD/NZD dropping half a percent to 1.0232.
- The Canadian dollar started the week brightly, off the back of Friday’s positive Canadian consumer price data showed it rose by 0.9% last month. This was higher than the expected figure of a 0.7% rise.
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