NZD/USD is currently trading at 0.5611, -2.15% at the time of writing having just taken on the lowest levels since 2009 and a fresh crisis low of 0.5605. NZD/USD's high for the session has been 0.5747. The COVID-19 has caused markets to pile into the US dollar in a liquidity squeeze and market panic with circuit breakers going off on Wall Street in the benchmarks. Copper is limit down for the open today, down by over 9% at the time of writing and this is also weighing on the price.