The NZD continues its recent run of underperformance,falling against the USD, unlike most of its peer. It has alsoplunged against the AUD.NZD/USD flirted with 0.8450 in the early hours of thismorning, having slipped through support at the 100-daymoving average (0.8480). It has since bounced marginallyto 0.8470, but remains 0.3% lower compared to yesterdaymorning.
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