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ANZ Tips NZD/USD To Stay Heavy, Test 0.7540 Soon

Forex News NZD/USD will remain heavy despite managing to limit downside momentum overnight, says ANZ Bank; expects 0.7550 to attract attention ahead of tomorrow's RBNZ rate decision as later in week large option strikes below this level roll off. Tips imminent test of 0.7540, last 0.7597. "Commodities, led by oil, have continued to free fall and must exert a gravitational pull on the AUD and the NZD."



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