The NZD has continued to trade a fairly tight range over the past 24-hours. It sits around 0.8470 currently. The general lethargy in currency markets this weekcontinued overnight. There was an absence of key datareleases, and the stalemate in the Crimean situationcontinues. The NZD/USD attempted to break above 0.8500a couple of times but has returned to sit around 0.8470 thismorning.
Read the full report: FX Daily
BNZ