The Kiwi has been a one-way street over the last few weeks, ever since the insurance-related buying started. That has long-since stopped but has been replaced by plentiful demand from other directions. The dips have been few and far between and even last week’s CPI numbers haven’t dampened the enthusiasm. I can’t see the point in trying to fight this trend at the moment, but it’s still a struggle to get used to NZD/USD rates above .8000!