“The RBNZ estimates the long-term nominal neutral interest rate to lie between 2.5% and 3.5%. In line with RBNZ guidance, markets continue to imply another 50bps rate cut to 3.75% in February and the ...
Gold has found support around the $2,730 level and continues to rally higher toward record levels, while the US Dollar Index (DXY) rebounds from its support at 107.
EUR/USD loses traction and returns to the red toward 1.0400 in the European session on Wednesday. The pair feels the heat of a renewed US Dollar demand as traders turn cautious and refrain from ...
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