News RBNZ says FX level unjustified and unsustainable. Analysts immediately explained that these comments were more aggressive than expected
2014-09-25 02:02 GMT
Reaction NZD fell sharply over the following 20 minutes, falling 58 pips to 0.8012 and remained offered throughout the European morning to eventually hit a low of 0.7945, a total loss of 125 pips
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