Wed, 23 Jul 2014 11:11:07 GMT
Kiwi hits its counterpart, the Greenback
The Reserve Bank of New Zealand is assumed to raise the interest rates by 0.25% following a last month's hike from 3% to 3.25%. NZD/USD reached 0.8684, the highest level during the Asian session and then started to consolidate at 0.8688. The probable support may be found at 0.8650, July's 17 low, with the resistance at 0.8720, July's 21 high.