Bank of Canada left interest rate unchanged at 1.25% at today’s monetary policy meeting, statement was slightly dovish sighting weakness in housing market and lower inflation outlook. Governor Poloz’s press conference was even more dovish saying interest rates may need to stay below neutral for some time, pushing USDCAD higher to mid 1.26.

After NY Close, New Zealand Q1 CPI came out at 0.5% qoq, slightly higher than 0.4% expectation, Kiwi dollar was already creeping higher before the number from low 0.73 to 0.7330 area then extended its rally to mid 73 after the number.

Australian labor data  due out at 21:30 EDT later today.