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Wall Street closed higher fueled by US retail sales

The US stocks market has closed Wednesday on the green side as investors got another clue on the US economic recovery as the retail sales report showed a better than expected figures in February.

The Dow Jones advanced 5.22 points or 0.04% to end the day at 14,455.28. The S&P 500 added 2.04 points or 0.13% to finish at 1,554.52. And the Nasdaq Composite gained 2.80 points or 0.09% to close at 3,245.12.

Forex: NZD/USD falls to 2013 lows following RBNZ rate

After falling around 100 pips following the RBNZ decision to leave its interest rate unchanged at 2.5% but keep the OCR unchanged in 2013, the NZD/USD has collapsed to the lowest level since December 26th around 0.8660.
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Forex: USD/CAD resumes the upside

After being under selling pressure for the past 4 days, the USD/CAD surged this Wednesday, closing the US session a few pips shy from 1.0300 area. Earlier on the day, Canadian dollar surged along with oil, but the black oil was unable to hold gains and edged up lower.
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