Tuesday, June 24, 2014

NZDUSD: Short-Term Pain, Long-Term Gain?

The greenback is trading broadly higher today after a pair of strong US economic reports this morning. Most strikingly, the Conference Board's Consumer Confidence measure printed well above expectations, printing at 85.2 against 83.6 expected and a revised 82.2 last month. As we noted on twitter, this reading was the



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