NZDUSD Nosedives as Sellers Gain Control

Key Highlights New Zealand dollar was crushed against the US dollar after a speech by the Reserve Bank of New Zealand’s Assistant Governor John McDermott. NZDUSD breached the 0.7600 support area to test the 0.7580 hurdle. US Manufacturing Purchasing Managers Index (PMI) will be released by the Markit Economics today, which is expected to post a minor decline to 55.5. ...
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