New Zealand Dollar rises broadly today after a top RBNZ official indicated that the decision to refrain from rate hike was mainly due to communication difficulty. Instead, the central bank is actively considering a 50bps hike. Strong rebound in Asian stocks also supported other commodity currencies, but positive sentiment is not much carried through to […]

The post NZD Rises on Hawkish RBNZ Comments, Euro and Dollar Soft appeared first on Action Forex.

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