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NZD/USD Set for a Big Drop?

Discussion in 'Technical Analysis' started by Kaitlin, Jan 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The New Zealand dollar's weakness was exacerbated overnight when inflation data showed consumer prices fell by a surprisingly large 0.5% in the fourth quarter of 2015. Unsurprisingly, the biggest contributor for the fall in inflation was a 7% drop in petrol prices, while falls in vegetable prices and those of[​IMG]

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