The NZD weakened by 0.7% against the USD overThursday to 0.8560. With little movement over Friday andMonday, it opens this morning around that level. The move occurred in the face of broad-based USDstrength. That said, the NZD is weakeragainst all of the TWI constituents, with the largest fall inNZD/GBP, which dropped by 0.8% to 0.5095. The NZ TWIis 0.7% weaker at 79.60.
Read the full report: FX Daily
BNZ
