The NZD/USD ended the week a little lower, at 0.7920, following a reasonably contained range on Friday night. Friday looked to be a quiet end to the week for the NZD with no domestic data scheduled for release. This wasbriefly curtailed, Friday morning, by the RBNZ’s accidentalre-release of its earlier statement that the NZD is“unjustified and unsustainable”. As it hit news wires the NZD/USD briefly plunged, before the error wasacknowledged. The NZD/USD then returned to its previouslevel, before drifting slightly lower on Friday night as theUSD strengthened. It ended the week around 0.7920.
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