NZD/USD happy to settle above 0.8500, what now?

NZD/USD is sitting in a tight range around 0.8516, off the Monday highs at 0.8528
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RBA leaves rates unchanged, retains neutral tone

As widely expected by the market, the RBA left its interest rate at 2.5%, while keeping a firm neutral language on its statement, noting that the most prudent course is likely to be a period of stability in rates.
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