NZD/USD drops ahead of NFP as US dollar attracts a safe haven bid By ross_burland NZDUSD DollarIndex Currencies Fed NFP
DXY rallies to fresh bull cycle highs, sinking the bird ahead of NFP.
''The Kiwi is significantly lower this morning, having slid around 1½ cents from yesterday’s peak as post-Fed optimism faded, the USD regained its erstwhile solid footing, equity indices sank and bond yields surged,'' analysts at ANZ Bank explained.
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