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The NZIER Shadow Board is evenly divided on whether RBNZ should lower the OCR by 25 or 50 basis points in its upcoming meeting this week. Those advocating for a 50bps cut highlighted ongoing economic Read more…
In an interview with La Repubblica, ECB Governing Council member François Villeroy de Galhau noted a shift in the “balance of risks” for Eurozone economy. He said that for the past two years, the primary Read more…
Key Highlights EUR/USD started a fresh decline below the 1.1080 support. It traded below a key bullish trend line with support at 1.1145 on the 4-hour chart. GBP/USD declined below the 1.3150 support level. USD/JPY Read more…