Wednesday, January 29, 2014

NZD/USD - RBNZ Inaction Inviting Bears To Come Play

Kiwi dollar sunk like a stone after Central Bank RBNZ kept the main policy Overnight Cash Rate at 2.5%. RBNZ Governor Wheeler did hint at raising interest rates soon, saying that' There is a need to return interest rates to more-normal levels' as current rate remains at record low. Finance



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