Trading news

Expert's opinion from FXFinPro

The New Zealand dollar may resume falling after correction

Today, the New Zealand dollar showed an increase after was published the data on the country's trade balance surplus which in April was 292 million against the forecast of 40 million. It is worth noting that the growth of exports of small goods and fruits could compensate the reduction in dairy exports, which is a key export group. According to our estimates, the RBNZ can lower interest rates to fight low inflation, which will be negatively displayed on the price of the currency, which is also under pressure from the expected tightening of US monetary policy. Our medium-term outlook also remains negative with the objectives at 0.6450 and 0.6250.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Wednesday, 25 May, 2016 / 2:07

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

Unemployment claims, Fed’s Meeting Minutes in the spotlight

Thursday's weekly initial jobless claim figures showed U.S. unemployment [...]

Posted on Friday, 09 Apr, 2021 / 11:31 under

US equities continue to rampage as Powell reassures

Dollar headed for losing week as Fed rate hike bets cool Stock market party [...]

Posted on Friday, 09 Apr, 2021 / 9:26 under

Fed’s Meeting Minutes impact the U.S. Dollar

The Dollar lost ground following the Fed's Meeting Minutes, which revealed a [...]

Posted on Thursday, 08 Apr, 2021 / 12:21 under