Pound ralllies ahead of QIR, NZD battered on rate calls

by Ashraf Laidi

May 11, 2015 19:03

GBP is the biggest winner in Monday trade, clawing further gains following the Tories' s overwhelming Election victory, while the US dollar lost most of its post-China rate cut gains. The NZD was the biggest loser as summer rate cuts by the RBNZ becomes a credible scenario. Full charts & analysis

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