At its meeting tomorrow, the Reserve Bank of New Zealand is widely expected to raise the Official Cash Rate by 50 basis points taking the cash rate to 3%. It will be the RBNZ’s fourth consecutive 50bp hike in a tightening cycle that started in October. Last month the RBNZ pledged its “commitment to ensure […]
The post August RBNZ Preview and What Next for the NZDUSD appeared first on Action Forex.
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You walk into your bank, ask about CD rates, and the teller slides a sheet across the counter with two or three options. You pick one, sign the paperwork, and that’s it. Your money is Read more…
Gold investors are heading into one of the most important weeks of the year. The Federal Reserve meets March 17 and 18. What Chair Jerome Powell says next Wednesday could move bullion sharply in either Read more…