China New Loans came in at 1279B, above expectations (1050B) in June

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Jul 20, 2015

NZ PM Key: Kiwi has fallen faster-than-expected

NZD/USD has seen a spike higher, in the tune of 30 pips, currently at 0.6535/40 session high following comments from New Zealand Prime Minister John Key, via Bloomberg, noting that the Kiwi has fallen faster than expected.

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Jul 20, 2015

NZD/USD: Bulls find respite, trades at 0.6550

The Kiwi bulls cheered New Zealand PM John Key’s comments on the exchange rate and pushed the NZD/USD pair to a session high of 0.6550.

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