India Cash Reserve Ratio: 4%

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Credit Agricole: Limited downside for GBP – eFXnews

The eFXnews Team notes Credit Agricole believes GBP has a limited downside in the near-term and hence remain short EUR/GBP, targeting 0.7150 levels.
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Signs of a further rate cut by RBNZ might weaken the kiwi further – BNZ

According to BNZ, any indication of a rate cut in RBNZ Governer Wheeler’s speech might send NZD/USD lower to test the support at 0.7100.
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