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New Zealand Dollar Rises Amidst Cautious Trading

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The New Zealand dollar soared against its U.S. counterpart on Thursday, as many investors remained cautious ahead of the ECB monetary policy decision. The RBNZ decided on Wednesday to cut its official cash rate to 2.25 percent from 2.50 percent, leaving the door open for further cuts if needed.[​IMG]

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