Sunday, 9 August 2020

NZD/USD Outlook Hinges on RBNZ Amid Failure to Test January High

NZD/USD appears to be stuck in a narrow range ahead of the Reserve Bank of New Zealand (RBNZ) rate decision amid the failed attempts to test the January high (0.6733).

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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...