BLAME THE KIWI

The forex markets are super thin right now. Even though news just dropped out of New Zealand CPI, the liquidity in the air has disappeared.

Spreads have widened across the board signaling thin market conditions. I got my $GBPNZD orders out of there in a hurry. With US off today and still 45 minutes before Wellington and Sydney open, the sidelines is the best view in kiwi.

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