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    NZD/USD: US inflation rate for March can weaken the USD on 16.04.2015

    This week trading in the pair NZD/USD was mixed. On Monday, following the release of the negative Chinese trade balance for March, the price fell to two-week lows at the level of 0.7420. However, at this level the price reversed and the NZD won back lost positions. The American currency was under pressure after the release of poor retail sales statistics, which again was below expectations. The growth in index amounted to only 0.2% in March versus expectations of 1.0%.

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