Over $2000 in 40 minutes!

RBNZ Rate Statement

On September 9 2015, a Reserve Bank of New Zealand rate decision was released. As expected, the Reserve Bank reduced the official cash rate from 3% to 2.75%, which resulted in the weakening of the New Zealand dollar.

The NZD/USD currency pair dropped by 134 pips in 40 minutes, which allowed to make $2010 by a sell position, with trading one lot.

RBNZ Rate Statement

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