Fed Interest Rate Decision Aftermath and Analysis on GBPJPY

Key Highlights British Pound suffered losses recently not only against the US Dollar, but also against the Japanese Yen. GBPJPY pair traded lower and looks set for more losses as there are many hurdles on the way up for the pair. In New Zealand, the RBNZ Interest Rate Decision was announced by the Reserve Bank of New Zealand in which the central bank made no changes in ...
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NZDUSD Crushed After RBNZ Cuts Rate

Key Highlights New Zealand Dollar was crushed earlier during the Asian session against most major currencies. RBNZ Interest Rate Decision was the reason, as the central bank reduced the interest rates from 3% to 2.75% as expected. New Zealand Electronic Card Retail Sales as reported by Statistics New Zealand posted an increase of 4.2% in August 2015, compared to August ...
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New Zealand Dollar at Clear Risk of Further Losses

Key Highlights New Zealand traded sharply lower against the US dollar, despite the latter one weakening against other currencies. RBNZ Interest Rate Decision announced by the Reserve Bank of New Zealand was a major risk event, which failed to help the Kiwi Dollar. NZDUSD Dived and traded below an important support area of 0.7650. RBNZ Aftermath Earlier during the ...
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NZDUSD Dives As RBNZ Inflation Expectation Misses Forecast

Key Highlights New Zealand dollar traded lower against the US dollar and tested the 0.7460 support area. Earlier today, the Inflation Expectations was released by the Reserve Bank of New Zealand which came in at 1.8%, down from the last reading of 2.1%. Fed’s Yellen is scheduled to testify today, which might cause a lot of volatility in the US dollar. NZDUSD has a c...
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