Tuesday, 17 August 2021

New Zealand Dollar Drops as RBNZ Holds Back Rate Hike on Covid Flare-Up

The New Zealand Dollar sank after the RBNZ left the Official Cash Rate at 0.25%. A hike to 0.50% was expected. Will NZD/USD push lower through 0.6880?

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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...