The NZD shrugged off an early-week bout of selling to sit at0.8760 against the USD this morning, up 0.2% for the day. Initially, it had looked like the positive USD vibes of lastweek’s US employment report would continue throughMonday, but that wore off late in our afternoon. From there,the NZD/USD led other major currencies on a straight linehigher.
Read the full report: FX Daily