The US dollar has been trading entirely as a safe haven asset since Putin rolled into Ukraine, but traders could turn their attention back to economics this week. The Fed Chairman will testify before Congress on Wednesday ahead of the all-important US employment report on Friday. Can the dollar continue to bulldoze its way through […]
The post Dollar Awaits Nonfarm Payrolls as Geopolitics Dominate appeared first on Action Forex.
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…
New Zealand’s retail sales volume for Q3 showed a marginal decline of -0.1% qoq, a better outcome than the expected -0.5% qoq contraction. However, the data revealed underlying weakness, as retail sales excluding autos fell Read more…
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…