New Zealand Dollar Struggles Despite Rosy Jobs Data, S&P 500 Wobbles

BY admin admin

The New Zealand Dollar struggled despite rosy jobs data all things considered. NZD/USD’s focus likely remains on risk trends, stocks on Wall Street trimmed most of their gains today.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

MUFG trade of the week: Short USD/JPY

<p>MUFG Research added a short USD/JPY position (spot ref: 149:60) to its TOTW portfolio.</p><p> The trade has a target at 143.00, and a stop at 152.10. </p><p>"We w

Forex

Why the Fed’s Currency Swaps May Not Calm the Dollar Funding Stress

<p>The coronavirus crisis prompted investors to rush for US dollars, with the greenback skyrocketing against a basket of major currencies by nearly 9% over the past ten days in the aftermath. To

Forex

ANZ forecasts a 25bp RBA interest rate hike on November 7 (previous forecast was December)

<p>ANZ were previously forecasting a 25bp hike in December but have dragged it forward to November. </p><ul><li>+25bp on November 7</li><li>to take the cash rate to

Copyright © 2024 | WordPress Theme: Xews Lite