AUD/NZD soars sharply higher after RBNZ softened its hawkish stance, incorporating language in its latest statement that suggests a shift towards monetary easing. This change has created prospects for stronger rally in the cross, driven by policy divergence between RBNZ and RBA. In particular, if RBNZ moves to cut interest rates sooner than previously projected, […]
The post AUD/NZD soars after RBNZ, more upside if policy diverges with RBA appeared first on Action Forex.
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Restaurants have struggled as consumers have been pulling back spending and trading down in their choice of where to eat. That has led to high-proifle closures including Smokey Bones shutting many of its stores and Read more…