NZD/USD sidelined near 0.6550 after biggest single-day decline since Aug. 7
The NZD/USD bears are taking a breather, having pushed the pair lower by 1.28% on Wednesday. That was the biggest daily decline since Aug. 7 and the third straight consecutive decline. Kiwi has lost more than 200 pips this week. The bulls remain on the sidelines despite the upbeat New Zealand trade surplus.