New Zealand Dollar Slumps on Swelling RBNZ Rate Cut Bets

The New Zealand Dollar fell in otherwise quiet overnight trade as disappointing service-sector survey data fueled RBNZ interest rate cut speculation.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2016/08/15/New-Zealand-Dollar-Slumps-as-Swelling-RBNZ-Rate-Cut-Bets.html?DFXfeeds=forex:fundamental:daily_briefing:session_briefing:euro_open