The New Zealand Dollar has been one of the best performing G10 currencies in September. Economists at MUFG Bank analyze Kiwi’s outlook ahead of RBNZ’s
The New Zealand Dollar has been one of the best performing G10 currencies in September. Economists at MUFG Bank analyze Kiwi’sWe believe there is room for the NZD to strengthen further in the week ahead.
The RBNZ is expected to adopt a more hawkish policy stance in response to the unexpected resilience of the New Zealand economy.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD came under renewed bearish pressure and declined below 1.0550 during the European trading hours on Monday. The pair is weighed by a buoyant US Dollar amid higher US Treasury bond yields and a cautious mood. US ISM PMI and Powell's speech eyed.GBP/USD turned south and retreated to the 1.2150 area after spending the Asian session in a tight range near 1.2200.
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