Daily Alert: Fly-day Friday

  • The NZD/USD is back above 0.7000 (0.7020), having strapped on gains of 1% in the last 24 hours to top the G10 FX leader board.
  • There was no obvious catalyst for the brighter mood in offshore markets.
  • A speech from the RBNZ Deputy Governor yesterday was mostly one for the boffins; there was nothing market-moving.

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