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Technical Analysis NZDUSD : 2015-12-01

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Higher rates may strengthen currency The New Zealand’s dollar is getting stronger on positive macroeconomic data and high base rate. The 10-year bond yields in New Zealand are one of the highest in the developed countries totaling 3.84%. In the neighbouring Australia it is slightly below 3%. Will the New Zealand’s dollar continue gaining ground? The New Zealand’s November consumer confidence index came out on November 30, the reading being the highest in recent 6 months. The majority of other

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