New Zealand Dollar Soars as Inflation Beat Drives More RBNZ Tightening Bets
The New Zealand Dollar may rise after stronger local inflation data inspired traders to price in another RBNZ rate hike later this year. Where to for NZD/USD?
The New Zealand Dollar may rise after stronger local inflation data inspired traders to price in another RBNZ rate hike later this year. Where to for NZD/USD?
After a sharp drop during the first half of the month, the U.S. dollar has stalled in recent days, with prices in consolidation mode around key technical support as traders await new market drivers.
This article looks at key technical levels to watch on USD/JPY and EUR/JPY in the coming days for possible insight into the ongoing battle between buyers and sellers.
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