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New Zealand Dollar surged strongly today following much better than expected Q2 employment data.. Speculations of an early rate cut by RBNZ next week now seem exaggerated. Major banks still expect RBNZ to start easing monetary policy this year, with consensus pointing to the November meeting. However, there’s still a possibility that RBNZ could signal […]

The post NZD Rallies on Strong Q2 Employment Data; JPY Sinks Amid BoJ Caution appeared first on Action Forex.

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