Of all the major traded currencies kiwi is the poorest for liquidity. Keep that in mind if trading it.

In Asia today it has lost all the ground it made in US time, and now its dropping to a fresh low. I don't have any new news on it, so I'm going with the old 'more sellers than buyers' (pedants, off you go!*)

Of all the major traded currencies kiwi is the poorest for liquidity. Keep that in mind if trading it.

Still to come:

* OK, sellers appear more desperate to hits bids than buyers are to pay offers