Pound Sterling is recovering against Dollar
The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
The kiwi may be affected by the RBNZ
The Reserve bank of New Zealand will release its official rate statement at 5:00 MT time on September 25. The market anticipates that the RBNZ is going to keep its interest rate on hold. At the same time, traders will pay particular attention to the outlines of the statement. They will be looking for possible hints on the future rate cuts, as a part of the regulator’s easing policy. After the Reserve bank of New Zealand cut its interest rate by 50 basis points during the previous meeting, it would be interesting to analyze its next decisions.
• If the RBNZ is hawkish, the NZD will rise;
• If the RBNZ is dovish, the NZD will fall.
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Latest news
Pound Sterling is recovering against Dollar
The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
Euro zone suffers loss of economic activity
Economic activity in service sector in the Euro zone and the UK is on its lowest rates since 2009.
USD: easy there
Jerome Powell made a rare appearance in the public media this Thursday. What did he bring to the audience?
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