NZD/USD gets a New Year boost - ANZ

Analysts at ANZ explained that a strong global growth picture feeding into commodity prices, a weak USD pumping up emerging market purchasing power (read RMB appreciation), seasonality, and the unwinding of short positions all seem to be combining in various measures to give the NZD a new year boost. 

Key Quotes:

"Today the QSBO could provide a bit more of a reality check on some of the domestic headwinds faced, but reasonable spending growth (electronic cards) and a decent dairy auction would also highlight that not all is bad either.

Support 0.7140. Resistance 0.7340."