The NZDUSD opens at 0.7313 (mid-rate) this morning. The NZD along with other commodity linked currencies had a solid end to the trading week on the back of rising commodity prices and an increase in risk appetite following the resignation of Trump’s controversial chief strategist Steve Bannon. Base metal prices continue to trade at multi year highs and crude oil futures surged 3% on Friday after the EIA reported a fall in the US rig count. The report showed the US rig count fell by 3 last week following on from a decrease of 5 during the previous week. Consumer sentiment in the US for the month of August showed ... (full story)