Tuesday, 18 July 2023

New Zealand Dollar Soars as Inflation Beat Drives More RBNZ Tightening Bets

The New Zealand Dollar may rise after stronger local inflation data inspired traders to price in another RBNZ rate hike later this year. Where to for NZD/USD?

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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...