European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The biggest move in the major pairs overnight was seen in NZD/USD, which collapsed after the RBNZ released an economic update report. The central bank said that further policy easing will be required and expressed concern about the overvalued New Zealand Dollar. A rate cut by the RBNZ next month[​IMG]

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