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Commodity Currencies Under Pressure, Sterling Awaiting Data

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Kiwi plunged by more than 1.2% against the US dollar in the early Asian trading session after the Reserve Bank of New Zealand proposed to tighten mortgage lending rules in a step to curb the overheated housing market and pave the way for more monetary policy easing in August.[​IMG]

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