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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The New Zealand Dollar rallied after better than expected inflation data. While this is unlikely to prevent the RBNZ from cutting rates next month, it could mean that further rate cuts beyond November are less likely. NZD/USD rallied from 0.7130 to 0.7190 in Asia, while AUD/NZD fell from 1.07 to[​IMG]

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