Iridium

NZDUSD Analysis

FX:NZDUSD   紐元 / 美元
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NZDUSD Is trading lower along with a majority of pacific exchange rates after Chinese PPI (-4.8%) data showed the largest slow down in producer prices since bankruptcy of Lehman. The RBNZD is set to met 20:00 Wednesday to decide on the cash rate, Which will certainly exacerbate current exchange rate volatility.
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