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NZD/USD Weekly Fundamental Analysis for August 01-05, 2011

posted by Avatar FXEmpire 1097 days ago in USD, NZD, Fundamental

The New Zealand currency jumped last week against the US counterpart as the US government dragged the debt ceiling debate all week and pressured the market and the dollar. Kiwi resumed the upside movement the last week of the month on expectations the New Zealand policy makers will increase the borrowing costs this year.
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