<p>The Fitch downgrade of the US today is major news and comes almost exactly 12 years after Standard & Poors <a href="https://www.forexlive.com/news/!/s-outlk-negative-1-2011081
<p>Concerns over a “higher for longer” interest rate environment pushed USD higher and “risky” assets like NZD lower today. How low can NZD/USD go?</p>
<p>Renminbi has been range-bounded against the US dollar since June. Traders in the Chinese currency has turned cautious after People’s Bank of China (PBOC) surprisingly reduced the reserve requ
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