New Zealand Dollar Faces Pressure Despite 3% Inflation Rate
New Zealand's annual inflation hit 3%, the top of the RBNZ's target range, yet markets still expect an interest rate cut in November, keeping the NZD weak.
#NZD#NZDUSD#AUDNZD
#NZD
2 articles tagged
AUD and NZD Weaken as Traders Await RBNZ Rate Decision
The Australian and New Zealand dollars are under pressure from a strengthening U.S. dollar as traders await the RBNZ's key interest rate decision.
#Forex#AUD#NZD