The NZD/USD was one of the weakest performers over the past 24-hours, giving back much of the previous day’s gains. It trades around 0.8000 this morning. The NZD/USD started to drift lower yesterday afternoon, after memories of the previous day’s weak US ISM data started to fade. The USD was broadly solid overnight with the ‘risk sensitive’ NZD, CAD and AUD falling from favour.
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