• The kiwi was little changed by the end of the North American session.
• NZD/USD will now become a significant focus in forex markets. 
• The RBNZ Survey of Expectations for Q4 is released today. 

NZD/USD is under pressure at the close of Wall Street as the US dollar attempts to correct some of the losses on the session. The kiwi, however, is little changed in the absence of domestic drivers so far this week. At the time of writing, the pair trades flat at 0.6993 and has stuck to a tight 0.6979 / 0.7020 range.

The day was slightly risk-off which weighed on the higher beta currencies. Equities were down on the day due to concerns over inflation following the UK’s stronger Consumer Price Index coupled with the US’s earlier in the week.