New Zealand central bank kept interest rates at current levels, but at the same time gave a reason to believe that in future we can expect its decline. This fact led to the kiwi sale off. Therefore, the New Zealand dollar fell to 0.7313. The Australian dollar followed the lead of Kiwi, which makes sense due to the possible rate reduction of the Central Bank of Australia, Forex experts said.
German statistics on inflation was the event that exposed NZD to pressure. However, the fluctuation in the euro / dollar exchange is not expected, analysts of the Traders Union stated (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/). U.S. indicators will also affect the American currency sentiment.
