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NZD has softened a tad in a generally tight start to the Asia-Pac session, amid a continued worry about the discovery of new coronavirus cases in Auckland and the ensuing implementation of lockdown measures in the city. The nation's Director-General of Health said that one of the infected persons travelled to Rotorua while displaying symptoms of the disease. The situation added uncertainty ahead of the imminent monetary policy decision from the RBNZ, clipping the Kiwi's wings.
- USD trades on a slightly firmer footing and USD/CNH has just punched through CNH6.9500 as a result. The greenback's strength has been broad-based.
- Focus moves to UK GDP and monthly activity indicators, as well as U.S. & Swedish CPI data. Comments from Fed's Rosengren, Kaplan & Daly will also be closely watched.