It seems traders were just waiting for the slightet bad news to rip into Aud and the employment data wasn't good. Nzd got pulled with it but has already taken back some of the losses.
Nzd is very strong (so says Graem Wheeler as well not too long ago who is the head of RBNZ and incidentally has said he doesn't see room for intervention as of yet. Hint! Hint! Hint! So he must not be as worried as Stevens who has been quite a bit more communicative and verbal about the Aud's current rate. This lac…
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