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[QUOTE="HotForexsignal, post: 159684, member: 58463"] [B]Kiwi Jumps concerning Less-dovish RBNZ; Dollar Slips a proposed Improved Risk Sentiment [/B] The NZD/USD pair protester concerning Wednesday in Asia after the Reserve Bank of New Zealand (RBNZ) decision earlier in the daylight. The central bank kept the upheaval rates unchanged at 1.75% but refrained from offering any open dovish signals either for well along monetary policy revise or headline economic indicators. RBNZ Governor Adrian Orr as well as backed the central bank's approach and said the chances of a rate reduction had not increased and risks are finely balanced. The NZD/USD pair last traded at 0.6845 by 11:29 PM ET (04:29 GMT), up 1.7%, as markets were likely positioned for a much more dovish RBNZ. Meanwhile, the U.S. Dollar Index slipped 0.1% to 96.453. More sure news in the region of the trade stomach coming out from the U.S. side bigger risk sentiment and shortened demand for safe-dock assets, including the U.S. dollar. U.S. President Donald Trump said upon Tuesday that he is pleased to extend the March 1 deadline if China and the U.S. acquire closer to an acceptance soon. U.S. Treasury Secretary Mnuchin told reports earlier in the day that he hopes for productive trade meetings in China. Mnuchin and Trade Representative Robert Lighthizer is scheduled to meet behind Chinese Vice Premier Liu He in the push away ahead this week. Their clarification revived risk appetite in broader markets, as soon as Asian equities gaining for a second day. The slip in the dollar moreover came as Federal Reserve Chairman Jerome Powell played by the side of the possibility of a recession in the United States, reiterating the U.S. economy is upon a strong footing. "Today, data at the national level performance a hermetic economy. Unemployment is near a half-century low, and economic output is growing at a sound pace," Powell said in remarks to the Hope Enterprise Corporation Rural Policy Forum, in Mississippi. The Chinese yuan with intensely developed adjoining the U.S. dollar behind the news, as the USD/CNY pair fell 0.3% to 6.7536. The People's Bank of China (PBOC) set the yuan mention rate at 6.7675 vs the previous day's repair of 6.7765. Elsewhere, the USD/JPY pair edged taking place 0.1% to 110.57. The AUD/USD pair was taking place 0.5% to 0.7130. [/QUOTE]
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