RBNZ might cut rates this week – RBS

Greg Gibbs, FX Trading Strategist at RBS, explains that RBNZ will have little to lose from cutting rates this week, and a rate cut this week might be sufficient to weaken NZD/USD further.
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GBP/USD firmer, approaches 1.5300

The sterling is now gathering further pace and keeps pushing GBP/USD higher, closer to the 1.5300 critical barrier...
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