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NZD/USD Daily Fundamental Analysis for August 04, 2011
The New Zealand dollar (Kiwi) slumped to a 2-week low versus the dollar as the European debt crisis escalates once again with fear of spreading to Italy and Spain, so investor’s fears escalate which is a negative impact on the market’s movements.Furthermore, the market is moving into the hurdle phase as the fears dominate the investors and pushin



