Saturday, 13 August 2022

NZD/USD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD

NZD/USD rose in the aftermath of a softer US dollar post-CPI. An advancement of demand destruction globally and proximity to China appear likely to keep NZD contained

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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...