After the not so good US data, the US dollar looks a bit weaker, but this is replaced with a light “risk off†environment favoring only the yen an the euro over the greenback. With no significant US figures, Australia and New Zealand are in the limelight: The RBA left all the options on the table but does not seem to be in a hurry. In New Zealand, milk prices and the quarterly employment report are due to give the kiwi a new direction.
Wrap up of the morning show for February 2nd:
