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The NZD/USD pair capitalized on the heavy selling pressure surrounding the greenback last week and gained more than 200 pips to post its highest weekly close since mid-July at 0.6742. In the absence of significant fundamental drivers at the start of the week, the pair seems to have gone into a consolidation phase and was last seen registering small daily losses at 0.6732.

NZD USD 20200813 13.50

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