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NZD/USD dropping on RBNZ comments - UOB

FXStreet (Guatemala) - Analysts at UOB Group noted that dovish statements from RBNZ’s Deputy Governor sent the NZD plunging to a low of 0.7586 that has since continued on to 0.7536.

Key Quotes:

"The break of 0.7600 indicates that the bullish phase has ended (revised target at 0.7780 is not met)."

"Despite the sharp drop, the move is likely the start of a neutral consolidation phase and not a bearish reversal."

"Expect broad range trading for the next 1 to 2 weeks, likely between 0.7500 and 0.7740."

EUR/USD surges to territory on 1.08 handle - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted that EUR/USD surged in the American afternoon to pressure the 61.8% retracement of the latest bearish run between 1.1034 and 1.0519 around 1.0840.
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USD falls across the board after disappointing data

It was an off session for the greenback, which fell sharply across the board, weighed by disappointing US data. Housing starts slumped 11.4% in March, pulling back from a 7-year high, while a gauge of manufacturing activity by Markit and initial jobless claims came in below expectations.
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