NY Fed is adjusting minimum bid rate and timing of repo operations citing improvements in US dollar funding market conditions

The New York Federal Reserve has stated that the desk is adjusting minimum bid rate and timing of repo operations given substantial improvements in US
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NZD/USD crashes below 0.65 as risk aversion bites

NZD has been looking overstretched for a while now. The currency had strengthened even as the RBNZ said they would consider negative interest rates. O
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