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NZD/USD: volatility on Tuesday is too high on 19.05.2015

European session on Tuesday started with the sharp decline in the USD. The pair EUR/USD gave a lead as its volatility exceeded 120 points. The pair NZD/USD rose during the Pacific session due to the increase in inflation expectations in New Zealand from 1.80% to 1.85% in Q2. NZD has strengthened against the other currencies. However, later at the European session the NZD started to lose positions versus the USD. 

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