It was a quiet week for data releases from New Zealand as concern over the possibility of an interest rate rise in US next week led to a mid-week sell off, , the result was a loss of 1.5% against the pound in just one day briefly reaching a 7 week high.

However, following strong trade balance figures overnight the NZ dollar has since recovered some of this ground. The figures showed exports of dairy products are leading the way in a rise on total exports in October.