After consolidating earlier in the week above 0.8350, the NZD/USD has succumbed to a bout of post-Fed profit taking. The NZD/USD currently sits around 0.8280. The decline makes the NZD the weakest performing G10 currency over the past 24 hours, amid a mildly firmer USD as the Fed tapering debate continues. NZD/AUD sits at 0.8810 and NZD/JPY at 81.70.
Read the full report: FX Daily
BNZ