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RBNZ Hold Rates And Send The Kiwi Flying

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Whilst it was a close call, we were correct to assume RBNZ would follow suit with RBA to hold rates at an NZ record low of 2.25%, sending the NZD higher across the board. However, we did expect sterner wording within their statement to prevent the New Zealand Dollar appreciating[​IMG]

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