The NZD/USD has traded a tight range ahead of thismorning’s US Fed and RBNZ meetings. It sits around0.8270 at present.Risk appetite remained somewhat subdued overnight asemerging market concerns continued to simmer and themarket awaits the imminent US Fed meeting (see Majors).Over the past 24-hours the NZD/USD has largely tradedsideways within a 0.8250-0.8290 range.
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