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NZD/USD relatively dovish steers expected from both central banks

  • FOMC&RBNZstatements in pipeline, at 1800GMT& 2100GMTrespectively
  • 0.7740 break risk will increase if Fed overly dovish/RBNZ relatively hawkish

  • Dovish RBNZ McDermott comments deflated NZD/USD to 0.7537 last week 

 

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