India Cash Reserve Ratio: 4%

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Feb 2, 2016

NZD/USD accelerates to the downside amid risk-off

NZD/USD was one of the worst performers in Asia as risk sentiment deteriorated drastically after oil prices extended the slump and led the decline in the Asian markets.

USDJPY: Test of 122 levels in sight - SocGen

Research Team at Societe Generale, notes that the USD/JPY is witnessing a rebound after testing the neckline of a Head & Shoulders formation at 116.