NZD: Not much to report on overnight with a bank holiday in the states the Kiwi traded pretty flat against the greenback. However not so quiet in the south Island as they continue to get hit with aftershocks, with one measuring 5.4 on the Richter scale. NZ bonds fell, pushing 10-year yields to the highest in a month, on speculation the government’s finances will worsen as it spends about NZ$2 billion ($1.4 billion) to rebuild after last week’s earthquake. However we have seen minimal impact to the kiwi as it continued to rise for its 5th straight day, currently trading at 0.7230.

AUD: The Aussie traded dead flat last night as data releases were scant, the only data of note was the August ANZ Job Advertisements coming in at 2.6% up from 1.4%. The Aussie also continues its downward trend against the kiwi for its 4th straight day as uncertainly around the next government has capped AUD gains compared to the kiwi. The Aussie is currently trading at 0.9173 against the USD and 0.7890 against the NZD. Look out for any news regarding the election results with the independents deciding what side they will join today.

EUR: Euro started the day at its highs around 1.2920 its highest levels since early August, helped by demand from Asian Central Banks. Euro meandered back to 1.2873 the low, currently trading at 1.2873. US holiday impacting here! German Factory Orders tonight 10pm NZT.

GBP: The Pound fell against all 16 of its peers overnight as it sunk to a low of 1.5344 soon after the London open. Speculation rising sterling will drop against the dollar amid signs the U.K. economy is moderating following its fastest growth since 2001 in the second quarter. The Bank of England will keep its main interest rate at a record-low 0.50 percent this Thursday and hold asset purchases at 200 billion pounds. Pound currently trading around 1.5390 levels.