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Waiting on the Fed, RBNZ to hold rates

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events RBNZ to stay on hold, for now The Reserve Bank of New Zealand will communicate its interest rate decision shortly after the release of the FOMC’s statement. Just like the Fed, the RBNZ is widely expected to leave its key interest rate unchanged. The central bank already cut the OCR three times in a row over the summer in an attempt to cushion the effects of weaker global demand, which has seriously damaged the country’s export industries. However, the latest data suggests

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