Germany Producer Price Index (MoM) below expectations (-0.2%) in October: Actual (-0.4%)
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Nov 20, 2015
NZD/USD: Depreciation bias intact - Nomura
Charles St-Arnaud, Research Analyst at Nomura, believes that NZD/USD will continue to depreciate into year-end and early next year, as a result of the narrowing of the rates differential (Fed hiking and RBNZ cutting) and because of the further decline in milk prices.