The NZD continues to drift lower, with NZD/USD dippingits toes below the 0.8450 mark early this morning. BroaderUSD strength has the NZD 0.5% lower from yesterday. It was a mixed performance against the crosses. With theAUD leading the majors lower overnight, the NZD/AUDcontinues to rebound from 0.9100, up marginally to0.9140 today. On the other hand, the GBP’s relativeoutperformance means NZD/GBP slid further towards0.50. Opening at 0.5050 today, this is its lowest sinceearly March.
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