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Forex: NZD/USD nears 0.8225/30 support; break opens up 0.82

The New Zealand Dollar is weakening across a variety of asset classes, after downbeat NZ terms of trade data was published, with the read showing a 1.3% decline on a quarterly basis vs +1.2% expected. It is likely that the data was leaked ahead of the event, as the currency reacted with a 30 pips fall 5 minutes prior to the event.
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Forex Flash: Neither QE nor sequester USD main driver - BBH

The sequester could be considered a bit of a farce, says Marc Chandler, Global Head of Currency Strategy at BBH, "in the sense that it was never intended to be enacted."
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