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NZD/USD struggles to build on RBNZ-led gains

After spiking up to 0.7280 in the early Asian session on RNBZ’s statement, the NZD/USD pair eased to mid-0.72s in the European session and is having a difficult time gathering momentum. As of writing, the pair is trading at 0.7265, ...

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New Zealand Construction Output

Construction output in New Zealand increased 10.90 percent in March of 2017 over the same month in the previous year. Construction Output in New Zealand averaged 9.03 percent from 1966 until 2017, reaching an all time high of 46.20 percent ...

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NZD should respond to oil prices – Westpac

Imre Speizer, Research Analyst at Westpac, explains that NZD/USD’s strong rally over the past month has stalled, coinciding with a fall in oil prices. “There are many reasons why the NZD should respond to oil prices, including oil’s inflationary … ...

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NZD Poised To Breakout Despite Recent Ranging Phase

Resistance may be less robust than is immediately apparent. Underlying technicals suggest a breakout is warranted. The resulting rally could extend as far as the 0.7379 handle rather quickly The Kiwi Dollar’s rally has proven to be remarkably resilient … ...

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