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Author Archives: NZD Editor

NZD/USD Is This A False Breakdown?

NZD/USD plunged and reached the 0.7251 level, but failed to stay there as the USDX has slipped lower after the poor US data. Price dropped below the confluence area formed at the intersection between the 38.2% with the fourth warning ...

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NZD: RBNZ warning shot – Nomura

Peter Dragicevich, Research Analyst at Nomura explains that Reserve Bank of New Zealand (RBNZ) officials caused a stir by noting that shifts in the Bank’s language on the NZD can be viewed as the “first step” towards possible FX intervention ...

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AUD/NZD looks set for a bullish breakout

The New Zealand dollar has slumped in recent weeks, first on the back of poor NZ data and then after the RBNZ delivered a dovish policy statement, in which it suggested that monetary policy will remain accommodative for a long ...

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NZD hit hard by RBNZ – BBH

Of the major currencies, the New Zealand dollar has been the hardest hit and is off just shy of 1% as the market responded to stepped up warnings by the central bank, explains the research team at BBH. “After leaving ...

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