NZD/USD: positive impetus continues, but…

Forex analytics: At the beginning of March RBNZ has reduced interest rate by 0.25% to 2.25%. Following this news the pair NZD/USD fell but later, it has significantly strengthened. After the second bad news about the decline in the world prices for dairy products by 2.9% the pair NZD/USD reached the low of March at the level of 0.6575. This week the pair NZD/USD has grown above the level of 0.6900. The rise in ...