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NZD/USD hits new highs as RBNZ Governor Orr speaks

The Reserve Bank of New Zealand raised its exchange rate today, there’s a won rund in the envelope here:

Reserve Bank of New Zealand Governor Orr’s press conference followed at 0300 GMT:

Bank analysts issue forecasts for upcoming meetings. ASB indicates that the RBNZ will rise again by 50 basis points in July and August.

NZD/USD rose slightly in response:

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