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NZ dollar falls on optimism stronger US economy may ease monetary supply

The New Zealand dollar fell as the greenback strengthened above 100 yen to a four-year high on speculation an improvement in the U.S. economy may bring forward an end to quantitative easing. The kiwi fell to 83.90 US cents from 84.56 cents at 5pm yesterday, having dropped as low as 83.51. The trade weighted index fell to 77.86 from 77.97. …

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