Johanes

JLS: RBNZ Price Stability Narrowed by Carry Traders

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
BIS reported that NZD always one of the carry traders target for carry trading to put the price to fluctuated at more stable at narrower band. This causes the interdays trading at higher risk but lower in short and medium term target zones. The pair is still underway to lower ceiling.
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