Western Union notes:
The Reserve Bank of New Zealand will make its next rate decision overnight on Wednesday.
The kiwi dollar could rebound if the RBNZ dampen expectations that it could cut interest rates because of weaker consumer demand and inflation. GBP/NZD is trading at 2011 highs.
Commentary
NZD review
Western Union notes: The Reserve Bank of New Zealand will make its next rate decision overnight on Wednesday. The kiwi dollar could rebound if the RBNZ dampen expectations that it could cut interest rates because of weak…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
