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RBNZ's Orr: 50 bps rate cut last year has bought us an enormous amount of time

 

  • RBNZ prepared to do whatever it believes is needed
  • RBNZ has 'powder in the gun' in the face of an economic shock
  • NZ economy well placed to weather global turmoil

more to follow. ..

Breaking: USD/JPY jumps back above 104.00 amid risk rebound

USD/JPY is closely following the action on the Japanese indices. The spot jumps back above 104.00, tracking the solid comeback in the Nikkei 225 index
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GBP/USD: Slips below 1.3100 as Brexit fears renew, trade sentiment improves

GBP/USD fails to keep the bids beyond five-week top while declining to 1.3070, down 0.45%, ahead of the London open on Tuesday.
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