Kiwi rebounded after being sunk by the greenback
Kiwi is the best performer in majors against the greenback despite sour regional risk sentiment and soft commodity price. While it can be partially attributed to broad USD weakness, the magnitude of the rebound is also related to the pace of fall on Tuesday (Kiwi the biggest loser of 1.21%)
NZD/USD is trading 0.38% higher at 0.6273.
