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16 Aug 2013
NZD/USD selling-off on NZ quake reports
FXstreet.com (Barcelona) - The kiwi is selling off on quake reports. According to New Zealand Herald, "a strong earthquake has been felt in central New Zealand. GNS has a preliminary reading of mag 6.6, 17km deep, 5km east of Seddon." The NZD/USD has retreated off highs at 0.8110 to now trade at 0.8070 as investors assess the possible economic damage.