The NZD saw a lacklustre trading session for the most part,but is higher this morning after liquidity-inspired USD movelower. The NZD was effectively unchanged against the USD in theearly hours of this morning, having largely kept within a 30-point range between 0.8520 and 0.8550. But around 7am NZT,the currency squeezed higher along with other majorcurrencies (see Majors). NZD/USD poked its head above0.8560, and currently sits at 0.8550.
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