Traders report heavy selling of kiwi by a US investment bank. It’s slumped to 0.6880 from 0.6825 in about 20 minutes.
AUD is trading lower in sympathy. dropping to 0.8420 from the 0.8455 area little more than 20 minutes ago.
CAD is at its lows for the day as US equities turn south. Looks like global growth jitters are at work once again.
It also looks as though the S&P/EUR correlation is starting to come back into line. EUR/USD is easier, now at 1.2565.