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Technical Analysis NZDUSD : 2016-02-11

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Economic data on Thursday and Friday The New Zealand dollar is getting stronger and looks quite steady. It shrugged off the US Fed Chair Janet Yellen comments on the yet possible interest rates hike in the US this year. New Zealand now has one of the highest key rates among the developed countries – at 2.5%. In Australia the rate is 2%, in Norway is 0.75%, in Canada is 0.5%. Will the kiwi continue advancing? The relatively high interest rate in New Zealand may make the carry trade operations

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