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RBNZ: Low Oil Should not be Responded by Rate Cuts

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD above 1.0900; RBNZ: Low Oil Should not be Responded by Rate Cuts The greenback, the single currency, and the pound rose against the G10 currencies due to positive data and remained virtually unchanged on the cross pairs of each other’s. Meanwhile, the Japanese yen and the New Zealand dollar were the biggest winners of Tuesday. The two currencies enjoyed their gains on the BoJ meeting minutes and the New Zealand employment report that surprised the market positively. On the other hand,

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