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The Kiwi dollar was sharply down vs its US counterpart (losing 1.1%) in early trading of Wednesday, after the Reserve Bank of New Zealand left interest rates unchanged (in line with expectations) but delivered more dovish comments and forward guidance, which sparked heavy sales of NZ dollar. Fresh drop retraced the most of 0.6049/0.6217 bull-leg […]

The post NZD/USD Accelerates Sharply Lower on Unchanged Policy and More Dovish Than Expected Comments from RBNZ appeared first on Action Forex.

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02/10/2024

Japanese Yen Slides as Political Drama Continues

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