New Zealand data – January credit card spending +1.3% y/y (prior -1.3%)

NZD/USD is not being driven by data today, but by the slide in the USD.

AUD, EUR, CHF, SGBP, CAD … all higher. USD/JPY is holding above 149.00 for now after a brief dip under.

NZD update:

This article was written by Eamonn Sheridan at www.forexlive.com.