Tuesday , 26 November 2024
Home Forex NZD/USD sticks to RBNZ-inspired losses, defends 0.6000 mark ahead of US CPI report
Forex

NZD/USD sticks to RBNZ-inspired losses, defends 0.6000 mark ahead of US CPI report

The NZD/USD pair witnessed a dramatic intraday turnaround from a four-week high touched earlier this Wednesday after the Reserve Bank of New Zealand’s (RBNZ) surprise 25 basis points (bps) rate cut.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDJPY Technical Analysis – The choppy price action continues

Fundamental OverviewThe US Dollar remains the strongest currency but overall, we haven’t...

ECB’s de Guindos: Concerns about high inflation have shifted to economic growth

We will have new projections in DecemberBut developments point to growth remaining...

European equities marked lower at the open today

Eurostoxx -0.7%Germany DAX -0.5%France CAC 40 -0.8%UK FTSE -0.3%Spain IBEX -0.8%Italy FTSE...

German economy minister says Trump tariffs threat must be treated seriously

EU must be unitedWe must seek talks with US so not everyone...