The NZD/USD sits at a very similar level to yesterdaymorning, just below 0.8550 currently.In a quiet day, the NZD/USD made a bid for the 0.8580level early yesterday afternoon. After this failed theNZD/USD then drifted lower overnight, succumbing tobroad USD strength (see Majors). As a consequence, thecurrency is back at similar levels to yesterday morning, asthe market once again awaits the Fonterra payoutannouncement.
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