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Sunday, April 14, 2013

NZ dollar drops vs greenback after rally

The soaring New Zealand dollar fell after weaker than expected retail spending in the US sapped investors' appetite for higher-yielding assets, pushing stocks on Wall Street lower on Friday and dragging down risk-sensitive currencies.

http://www.nzherald.co.nz/currency/news/article.cfm?c_id=167&objectid=10877595&ref=rss

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