The NZD is broadly weaker this morning, havingmade gains only against the AUD overnight. TheNZD/USD is 0.5% lower at 0.8640.The USD is stronger amid softer risk appetite, but this broad-based weakness in NZD andAUD suggests that investors have fallen out of lovewith these currencies, at least for now. We suspectinvestors have taken profit on the gains AUD andNZD made last week.
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