Kiwi on the ropes still as NZDUSD posts 5 year lows

  • 0.7117 posted just now

  • currently 0.7123

  • month-end/real money selling being cited

  • interest rate futures pointing to RBNZ rate cut on June 11

  • AUDNZD up to 1.0741

Personally I shall be hoping the NZ cricketers will also be on the ropes later today!

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