Kiwi Dives after RBNZ, Fed Officials Talk Down Negative Rates

<p>New Zealand Dollar drops broadly today following RBNZ’s decision to nearly double the QE program, and indicates its openness to negative rates. Australian Dollar is following as a distant second weakest. The sharp decline in US stocks overnight doesn’t carry forward to Asian markets. Other major currencies are relatively mixed, with Canadian and sterling as […]</p>
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