New Zealand Electronic Card Retail Sales (MoM) increase to 1.4% in October from -0.8%

The shocking decision by the ECB to cut rates coupled with an upbeat NFP releases last Friday, prompted the US dollar to top the climber's board in the FX market last week, as Marc Chandler, Global Head of Currency Strategy at BBH noites, "the market appears to have run ahead of itself and the immediate risk is for a setback in the dollar."