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NZD/USD falls to 0.6075 after RBNZ move towards easing bias
Earlier today the Reserve Bank of New Zealand (RBNZ) did as was expected and left their OCR unchanged at 5.5%. However, at the same time the RBNZ showed more willingness to lower rates in the course of time in their accompanying statement. That sent the NZD/USD immediately lower. It had closed in the US last night at 0.6125 and was trading at around 0.6130 ahead of the policy decision. The NZD/USD fell abruptly to a low at 0.6075. It is off that low right now though, currently trying to edge higher, trading at 0.6091
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