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USD Broadly Lower As Risk Sentiment Improves

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of New Zealand released an economic update on Thursday. The statement was very dovish and clearly set the stage for a rate cut in August. For the New Zealand dollar, it was the last straw that breaks the camel's back as the Kiwi dropped another 1% against[​IMG]

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