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NZD/USD drop heavily weigh on commodity

The NZD/USD pair trades -0.28% at 0.6656, having posted fresh session lows at 0.6644. The Kiwi tracks the weakness seen across the commodities sector, with the sell-off in oil, gold and copper prices weighing heavily on the commodity back currency NZD.
The broader markets sentiment will continue to play a crucial role ahead of the Fonterra’s dairy auction results due later in the NY session.

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