NZD/USD posts fresh session highs, 0.7450 in sight

NZD/USD extended its upward trajectory in the European session, largely backed by chart-driven gains as a bounce-back in the Aussie further accelerated the gains.
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US might see a 100bp hike by end 2015-2016 – BAML

The Team at BofA-Merrill Lynch, comments on the ongoing Fed rate hike scenario, and further forecasts US to see a total of 100bps hike for the end 2015-16 period.
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