Thursday, 19 September 2019

NZDUSD Rate Eyes 2019 Low Ahead of RBNZ Meeting

NZDUSD approaches the 2019-low (0.6269) ahead of the RBNZ meeting, but there appears to be a divergence between price and the RSI as the oscillator holds above 30.

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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...