European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The Reserve Bank of New Zealand cut rates by 25 bps, as expected. NZD/USD rallied sharply after the statement was released and reached a high of 0.7340, up 160 pips from the previous low. The rate cut was already fully priced in, so the market was reacting to the less[​IMG]

    Continue reading...

Share This Page

free forex signals