Forex News NZD/USD slumps to near 3-week low 0.7498 in offshore trade, opens in vulnerable position ahead of this morning's much anticipated RBNZ rate review, which could deliver 1st rate cut in 5 years; Kiwi hurt by broad rally in USD, concerns about possible easing and jitters sparked by news yesterday of finance company Hanover Finance freezing around NZ$550 million of investor payments due to credit crisis; pair looks shaky, with next support of 0.7450 likely to go if RBNZ cuts today; while majority of analysts expect central bank to stay on hold, many concede decision is very close call with market pricing in just over 50% chance of easing. Decision due at 0900 NZT, 2100 GMT. Pair last 0.7504.
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