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10 Mar 2020

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. ..

Mar 10, 2020

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

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.