USD was mostly in the red throughout the overnight session, with the Kiwi leading versus the Greenback after the expected delivered hike by the RNBZ, but helped by a more Hawkish meeting.
The NZDUSD printed highest level in a Month (since 20th Jan), but the pair is off its high.
Further upside traction, opens to 0.6793, followed by the more important 0.6805/0.6812 area.
USD is seeing some selling hitting versus the EUR, GBP, CAD, CNH, CNY, AUD, NOK and SEK, albeit all in a few pips,
BUNDS: Closed the small opening gap
Feb-23 07:27
Bund consolidate some of yesterday's sell off after the contract fell a big 201 ticks from yesterday's high.
Support noted at 165.14 has held for now, printed 165.16 low yesterday.
The contract has close the small overnight opening gap, up to 165.88.
Russia remains at the forefront near term, although longer term outlook for Bonds are still to the downside.
Yesterday: "Putin recognizes separatist claims to Ukraine’s entire Donbass region".
There is no tier 1 data for the session, EU CPI will be final reading, and nothing of note out of the US.
SUPPLIES: Italy 2023 EU3bn (Equates 4.7k BTP), and German 15yr EU1.5bn (Equates to 13.5k Bund).
Both supplies will have very little hedging impacts.
SPEAKERS: Plenty of speakers are scheduled, with ECB Villeroy, Guindos, de Cos, BoE Bailey, Tenreyro, and Fed Daly