Disliked{quote} till London session ends usd will strengthen after that for the rest of the week usd will weaken only so plan trades accordinglyIgnored
On Wednesday morning, the Reserve Bank of New Zealand is due to announce its policy decisions. The regulator is widely expected to keep the official cash rate unchanged. In the context of monetary easing by the ECB and the Federal Reserve, it seems to be a strong move that is certainly bullish to the New Zealand dollar. During the North American trade, the US is due to report on new home sales which could rebound to 1.7%. So, it is going to be a stunning leap from the previous slump to minus 12.8%. This figure is sure to reinforce the US dollar.
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