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New Zealand Dollar traded broadly higher in Asian session, despite revelation of significant downturn in business confidence for Q1. Kiwi bears seemed to be lightening up their short positions in anticipation of RBNZ rate decision tomorrow, which is broadly expected to maintain interest rate at 5.50%. The market’s recent aggressive speculation on an early rate […]

The post Kiwi Unfazed by Business Confidence Slide, Aussie Maintains Solid Ground appeared first on Action Forex.

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