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NZD/USD: Will the pair be able to reach the level of 0.6800 by the end of the year? on 12.06.2015

At the last meeting of the Reserve Bank of New Zealand on Thursday the interest rate was lowered by 25 basis points to the level of 3.5%. The governor of the Bank Graeme Wheeler said that probability of the further easing of the monetary policy would depend on the economic situation in New Zealand. Amid this news the pair NZD/USD has lost over 200 points and the closing price of the pair was at the level of 0.7011.

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