NZD/USD longs are in the market with the 0.6270s eyed that safeguard a move to test 0.63 territories.
NZD/USD is getting set for the Reserve Bank of New Zealand tomorrow and has been tucked up in a tight range due to a slow start this week with the''The Kiwi’s immediate future will depend on what the RBNZ do, but as markets contemplate the cost of rebuilding and the impact that’s likely to have on inflation, insurance flows and infrastructure spending, it’s quickly becoming a potential driver of sustained NZD strength – more than we thought just a few days ago,'' analysts at ANZ...
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