Tuesday, 12 May 2020

New Zealand Dollar Whipsaws as RBNZ Holds Rates as Expected But Widens QE

The New Zealand Dollar was volatile after its home central bank left rates at record lows but expanded its asset purchase program in the face of Covid's economic hit.

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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...