This is quite a quiet week on the data front from New Zealand. However, there is one major event that could move the currency. Exports are an important part of the economy. So, the trade balance has extra weight on the exchange rate. Additionally, following the drop in bond yields, New Zealand isn’t as attractive
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Nervous FX traders are sitting on the sidelines as they await the outcome of two crucial Parliamentary votes on the Brexit withdrawal. With the October 31st deadline looming large, it is especially critical for Boris Johnson who has said that he did not want to request a postponement of the leave date, despite the fact
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The Bank of Finland Governor Olli Rehn cautioned against premature cash rate hikes, highlighting past mistakes. “The core inflation rate remains low and clearly below the ECB’s price stability target,” wrote Rehn on his recently published book “Normalizing monetary policy awaits its turn, even though it would be important to increase the room for maneuver
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