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NZD/USD trades in thin range

  • NZD dull in 0.7623/0.7660 range in subdued Asian session, sits 0.7635/38

  • Weaker than forecast Feb trade surplus/stronger than forecast yearly deficit triggered early offers

  • Offshore low of 0.7613 stayed in place with sell-off limited to 0.7623

  • Fonterra shareholders fund dropped 7.2% on disappointing half year result 

 

  • Market Data
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