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NZD/USD hits 1-year lows

The kiwi dropped further against the US dollar and NZD/USD reached levels not seen since September 2013.
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A fed hike from timing to pace of tightening - BBH

Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that Many investors have moved on from simply focusing on the timing of the first Fed hike to considering the pace of the tightening and the terminal rate of Fed funds.
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