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NZ Dollar Weakens on Lower Inflation Data, Dragging Down Aussie

NZ Dollar Weakens on Lower Inflation Data, Dragging Down Aussie
New Zealand Dollar dropped broadly in Asian session today after a lower-than-expected consumer inflation reading increased speculation that the next RBNZ rate hike may be the last in the current cycle. This development also pulled Australian Dollar down, making them the day’s worst performers so far. In contrast, Swiss Franc and Euro are trading higher, […] The post NZ Dollar Weakens on Lower Inflation Data, Dragging Down Aussie appeared first on Action Forex... Read More
Posted: Apr 20 2023, 05:36
Author Name: actionforex
Views: 092118

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