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NZD/USD Stabilizes After Rate Decision

posted by Avatar forexcrunch 577 days ago in NZD, Technical, Fundamental made popular 577 days ago

New Zealand’s central bank left the interest rate unchanged at 3% as expected. After the kiwi was falling, it managed to stabilize. Update.
The RBNZ, led by Alan Bollard, decided to leave the Official Cash Rate at 3%. This followed two consecutive rate hikes. Alan Bollard warned that this tightening cycle would be easier than the previous one – mea
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