The Reserve Bank of New Zealand left the interest rate unchanged at 2.50% as widely expected. What was not expected was the dovish tone of the statement. NZD/USD fell around 100 pips initially and seems to be on the back foot, completing a big fall. The RBNZ stated that it intends to keep rates low
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]
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