NZD - £ also rose a full cent against the kiwi yesterday, with investors cautious ahead of the Reserve Bank of New Zealand's interest rate decision

• In the evening, New Zealand's central bank reaffirmed that it saw no need to raise rates before mid-year given tame inflation.
  
  
• Expectations of a rate rise in March have dipped following the Bank's announcement, though the kiwi is trading marginally higher this morning following Obama's speech.
  
  
• Asian shares took a boost from the US President's comments, buoying demand for higher-risk currencies. The price at the moment is hovering above 2.28.