Flash: USD/CAD overshooting rate differential but not broader USD - BMO

“The pace of the move since Bernanke’s press conference has been somewhat breathtaking”.
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NZD/USD upside capped by 0.7800

After hitting fresh 2013 lows in the proximities of 0.7680 on Monday, the kiwi dollar managed to pick up pace and lift NZD/USD to the boundaries of 0.7800, although failing to follow through....
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