The NZD sits a little higher this morning around 0.7930.The NZD/USD traded a very tight sideways path until theearly hours of this morning, in the absence of any domesticdata releases yesterday. It was not until the USD fellsharply this morning (see Majors) that the NZD/USD wasjolted higher. It reached toward 0.7960 before returning totrade around 0.7930 currently.
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