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New Zealand Dollar initially weakened following RBNZ’s 50bps rate cut today, but quickly regained ground as Governor Adrian Orr indicated that the pace of easing will slow in the coming months. Orr suggested that the central bank is likely to implement just more 25bps cuts, in April and May, provided that economic conditions unfold as […]

The post Kiwi Wobbles After RBNZ Cut, Markets Eye UK CPI and FOMC Minutes appeared first on Action Forex.

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