The NZD was whipsawed by a strong US GDP number anda mixed FOMC statement, but remains slightly weakeragainst the USD at 0.8490. The unquestionably positive US GDP report saw NZD looking south to test key support at the 200-daymoving average (0.8450). But some unexpectedly dovishnotes struck in the FOMC statement saw a reversal thattook NZD/USD all the way back through 0.8500.
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