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Forex Flash: NZD/USD likely to hold in range - BNZ

August 26, 2012 | Filed Under »
Forex pairs in this Article » NZD/USD
FXstreet.com (San Francisco) - Investors are still a little unsure which way the global economy is going to break, and this week's Jackson Hole Economic Symposium may offer up some important clues in this regard, according to Mike Jones, Currency Strategist at BNZ. "However, the conference doesn't kick off until the end of the week so familiar ranges will likely contain the NZDUSD until then," he notes. "Last week's 0.8055-0.8195 range is a good starting point."
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