The US Dollar (USD) stays resilient against its rivals. Economists at ING analyze Greenback’s outlook ahead of the Federal Open Market Committee (FOMC) event.
<p>The junior descending channel has continued to pressure the New Zealand Dollar lower against the US Dollar. The currency pair has declined by 95 basis points or 1.59% in value since yesterday
<p>US CPI rose 0.6% mom in August, matched expectations. CPI core (ex food and energy) rose 0.3% mom, above expectation of 0.2% mom. Energy index was up 5.6% mom. Food index was up 0.2% mom. Gas
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