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NZD/USD: upward grind and again knocking on the door of topside resistance - ANZ

Analysts at ANZ point out that it has been an upward grind for kiwi over the past 24 hours and it is again knocking on the door of topside resistance.

Key Quotes

“This has surprised us, as New Zealand’s election remains too close to call. That said, it also reflects a softer USD ahead of a key FOMC meeting tomorrow morning (and the threat of another hurricane). With local GDP figures out tomorrow as well, and the last leader’s debate tonight, there are still plenty of catalysts to throw it around.”

Support 0.7230 Resistance 0.7330

 

FOMC Preview: Focus on outlook for the federal funds rate - Goldman Sachs

Goldman Sachs Analysts out with their preview on what to expect from today’s FOMC monetary policy decision due at 18.00 GMT. Key Quotes: “We expect
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Forex Today: Kiwi shrugs-off better trade, UK retail sales, Fed in focus

Forex today witnessed tight trading ranges, as a cautious tone gripped markets heading into the key FOMC policy decision. Markets sought safety in the
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