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RBNZ - On Cue

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The much anticipated RBNZ statement has clearly signalled a change in forward guidance and drastically increased the odds of a rate cut in August. This policy move confirms what the market had anticipated and comes as little surprise.Accordingly, the NZDUSD has only moved 50 pips lower as the market reprices[​IMG]

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