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Wednesday, June 9, 2010

New Zealand Dollar Set to Move on Interest Rate Decision

The New Zealand dollar is in focus, as an eventful week of central bank interest rate decisions kicks off tomorrow. While the RBNZ is widely expected to hike its official cash rate by 25 basis points, markets suggest there is a 28% chance that the central bank surprises by holding rates steady.

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[Source: DailyFX Forex Market News]

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