The NZD joined the AUD as worst performers over the past 24-hours. The NZD/USD sits at 0.7940 currently. Although the NZD was well-supported yesterday afternoon, it came under pressure overnight as broad risk appetite faded. Weak Eurozone and US data combined for a gloomy backdrop to markets. The NZD/USD currently sits fairly vulnerably at crucial support levels. A convincing break would open the way to a further downleg.
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