The NZD had the dubious honour of being the biggest ‘winner’ from Friday’s disappointing US employment report. The ½ cent bounce back to 0.8000 brought last week’s gains in the NZD/USD to 3.5%. NZD/JPY, meanwhile, surged almost 4.5% through last week and, following Tokyo’s successful Olympics bid, has opened another ¾ figure higher around 80.00 this morning.
Read the full report: FX Daily
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