The NZD slid lower along with its peers on Friday in a riskaverse market. NZD/USD posted a 0.7% loss to close at 0.7820. NZD/USD resisted multiple challenges of the 0.7800 levelon Friday. But with the market’s mind firmly on a waningglobal growth story (and the USD wont to rise in thatenvironment), we doubt that level will hold for much longer.
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