The NZDUSD opens at 0.6881 (mid-rate) this morning. The NZD has lost ground against all its rivals with the EUR the standout performer over the past 24 hours. The EUR strengthened overnight on the back of better than expected German economic growth in the third quarter along with a sharp uptick in Euro-zone economic confidence. Germany's Q3 gross domestic product increased by 0.8% following 0.6% growth in Q2 and ahead of economists’ forecasts. On an annualised basis GDP is sitting at 2.8% up from 2.3% in Q2 and above a forecast 2.3% result. Euro-zone economic confidence now sits at a 6 month high with the indicator ... (full story)