Market is not random but unpredictable
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NZD/USD: Depressed around mid-0.7200s even as RBNZ’s Orr tries to placate bears
NZD/USD remains pressured around 0.7250, after snapping a two-day winning streak the previous day, during the initial Asian session on Thursday. In doing so, the quote fails to extend the bounce off 0.7237 that trims weekly gains. RBNZ’s Orr remains cautiously optimistic but not welcomed… A fresh drop in the US bond prices renewed the US dollar strength and weighed on the Antipodeans on Wednesday. With this, Wall Street benchmarks closed in red and markets paid a little heed to RBNZ Governor Adrian Orr’s upbeat remarks. In his latest comments at the economic forum hosted by Waikato University, RBNZ’s Orr ... (full story)
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- Mar 3, 2021 9:34pm Mar 3, 2021 9:34pm
- 4for4
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 269 Comments
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- Edited 5:00pm Mar 4, 2021 1:34pm | Edited 5:00pm
- 4for4
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 269 Comments
Market is not random but unpredictable