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November 2015

Trade Balance figures miss their targets

Published: Monday 09 November 2015

The Euro has been on the back foot today as the Trade Balance figures missed their targets - having come in at EUR 19.4bn as oppose to the forecast EUR 20bn.

The USD remains strong across the board particularly against the Euro as we break the 1.0800 threshold. 

Busy overnight as the Chinese PPI , CPI figures, Kiwi retail sales data as well as the Australian home loans means that we should expect to see both the AUD and NZD to experience some volatility