The dollar majors continued to ply narrow ranges, with all remaining comfortably within respective Monday highs and lows in quite trade in Asia. NZD-USD was an exception in rising to a two-month peak, at 0.6871. Strong stock markets and a recent rebound in diary prices have helped underpin the Kiwi dollar. EUR-USD, meanwhile, remained in the mid-1.09s, below yesterday's near two-week high at 1.0992, and USD-JPY has remained above yesterday's two-month low at 120.16.
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