Wednesday, 26 September 2018

NZD/USD Buoyed by RBNZ Comments. Trade Wars and Consumer Confidence Next.

The New Zealand Dollar gained against its US namesake, as the RBNZ kept its OCR at 1.75% and noted signs of inflation pick-up. Trade wars may cause a reversal, however.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...