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From 20,000 Feet, NZD Looks Set To Free-fall This Year, Without A Parachute

From 20,000 Feet, NZD Looks Set To Free-fall This Year, Without A Parachute

Submitted by • March 10, 2017 ampgfxcapital.com

The NZD/USD appears to have broken out of rising trend in place since mid-2015, and now developing a declining trend. Its fall in the last week or so has been persistent and rapid, suggesting a significant shift in sentiment is taking hold.

High levels of household debt represent a higher risk for the New Zealand and Australian economies in a rising yield environment. There would be no tears shed by the RBNZ or NZ government if the NZD fell sharply from current levels.

Read more in details at http://ampgfxcapital.com/reports/from-20000-feet-view-nzd-looks-set-to-free-fall-this-year-without-a-parachute/

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