Currency action - Westpac

Westpac Global Strategy Group noted the action across the currency board overnight.
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NZD/USD: Sellers re-take control, pivot 0.74 defended

With Wednesday's RBNZ Wheeler speech still fresh in the minds of traders, as is the solid NZ jobs report, with the outcome of the former being 'not as dovish as expected', the NZD/USD trades around 0.7360, after a retracement off 0.7450 highs in the last Asian session.
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