Heightened scope of a rate cut in May at the RBA and broad USD strength dragged the Kiwi to fresh 2019 lows.
The move was carried forward as traders preferred risk-safety by buying the US Dollar amid pessimism surrounding Canada, Britain, etc.
The global risk barometer 10-year treasury yield from the US dropped five basis points to a fortnight low of 2.52%.
NZD/USD SHORT (Sell)
Enter at: Current rate (0.65942)