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NZD Analysis – 31st of March

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 31, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The NZD continues to have the highest interest rate of all major currencies, which means the Kiwi can remain supported on risk appetite due to its higher yield, however given expectations that the RBNZ are likely to cut rates even further in Q2, the currency remains with a bearish bias. NZD Analysis Interest Rate Official Cash Rate: 2.25% Last Change: March 10, 2016 (2.50%) Expected Future Change: OIS Market Pricing 45% chance of a 25 bps cut Next decision: April 28

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