New Zealand: M3 Money Supply (YoY) (Apr): 6.5% vs 7%

EUR/AUD is last at 1.3491, off yesterday's fresh 1.5-year highs at 1.3541, up +0.66% for the week so far, +6.27% year to date, and +8.25% in last 6 months. As IFR Markets analyst Andrew Spencer points out, it has been already 8 weeks of higher lows in the cross.