It is a quiet morning session for the AUD/USD and NZD/USD. In the early hours, current account figures from New Zealand were in focus. The numbers delivered Kiwi Dollar support as investors responded further to the US CPI report and considered the Fed interest rate decision and FOMC economic projections. The New Zealand current account deficit narrowed from NZ$34.39 billion to NZ$33.03 billion in Q1 year-over-year. Economists forecast a deficit of NZ$29.54 billion. However, the deficit narrowed from NZ$10.07 billion to NZ$5.22 billion in the quarter, which was also bullish. With no economic indicators from Australia ... (full story)