New Zealand Visitor Arrivals (YoY) up to 8% in October from previous 1.2%

The US session was scrambling around in a panic on the back of Europe’s action with Draghi taking the spot light delivering a speech that left markets with a strong indication that we will see further easing which sent the euro to finish up a shave away from the November lows and over 1.2% down on the US shift and close to 200 pips lower on the week.