BECKHAM
13-05-2015, 12:30 PM
The Reserve Bank of New Zealand released its Financial Stability Report this morning causing the NZD/USD to zigzag. The rate plunged and then recovered somewhat at the news that the RBNZ will be tightening its lending limits in an effort to slowdown the too robust housing market.
FOR MORE ... (http://www.dailyforex.com/forex-news/2015/05/rbnzs-wheeler-nz-dollar-level-unsustainable/45219)
FOR MORE ... (http://www.dailyforex.com/forex-news/2015/05/rbnzs-wheeler-nz-dollar-level-unsustainable/45219)