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The flightless bird jumped higher from.........>

KIWI
KIWI: The flightless bird jumped higher from $0.6922 to $0.6963 following a more
hawkish than expected RBNZ Policy statement, where the Reserve Bank brought
forward their rate rise forecast from Q3 to Q2 2019, and now forecast inflation
reaching 2.0% in Q2 2018 verses Q1 2019. Dips since have been relatively shallow
and limited to $0.6943, a second round of short covering has just seen $0.6960
trade. RBNZ's Spencer has just started a news conference and sounding a little
upbeat; 'Economic outlook overall very positive'. Initial resistance lies at
$0.6981 (21-dma), a break to expose $0.7004 (Oct24 high).

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