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NZD/USD hit by a cautious RBNZ

The Reserve Bank of New Zealand managed to hit the kiwi when it was down. The recent improvement in the employment situation created expectations for a more hawkish central bank, but the RBNZ remained neutral and especially cautious. The policy is expected to remain accommodative for a considerable period of time. They also have specific projections […] The post NZD/USD hit by a cautious RBNZ appeared first on Forex Crunch.

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