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New Zealand Dollar Slides Despite Positive GDP

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    NZD/USD posted sharp losses on Thursday, erasing the gains recorded in the Wednesday session. In economic news, New Zealand GDP posted a gain of 0.7%, above the estimate. Later in the day, New Zealand will release Business NZ Manufacturing Index. Over in the US, consumer inflation was within expectations, as[​IMG]

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