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EUR/NZD Technical – Start of a new potential bullish impulsive up move

The Kiwi dollar (NZD) has been the worst performer among the US dollar major pairs in the past five days. A further slowdown in New Zealand’s Q3 CPI (5.6% y/y versus 6% y/y in Q2) reinforces RBNZ’s current stance of maintaining its key policy official cash rate unchanged at 5.5%. A less hawkish RBNZ may […]...
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Posted: Oct 17 2023, 06:00
Author Name: marketpulse
Views: 082475