Currencies wrap: the best, the worst, the most volatile
Here we gathered the best and the worst performers of the week and the most volatile pairs .
Will the kiwi be supported by the central bank?
The Reserve bank of New Zealand will publish its monetary policy statement and announce an official rate on May 8, at 5:00 MT time. After that, at 6:00 MT time the RBNZ governor will hold a press conference. Despite the rumors about the possible rate cut, the interest rate is expected to remain at the same level of 1.75% this time. However, the tone of the statement may affect the New Zealand dollar. If the RBNZ governor Adrian Orr provides more supportive comments on the future path of the central bank’s monetary policy, the kiwi may rise.
• If the RBNZ is hawkish, the NZD will go up;
• If the RBNZ is dovish, the NZD will go down.
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Currencies wrap: the best, the worst, the most volatile
Here we gathered the best and the worst performers of the week and the most volatile pairs .
Intel earnings are upbeat, what’s next for stock traders?
On Thursday, Intel reported the revenue of $20.21 billion and EPS of $1.52, beating analysts’ expectations of $19.23 billion and $1.25 respectively. What's next?
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