NZDUSD Under Pressure as NZ Consumer Confidence Slumps to the Lowest Level Since GFC

U.S. yields surged overnight by a jaw-dropping 10-18bp across the curve after Fed Chair Powell opened the door to a 50bp rate hike at the next FOMC meeting. “if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or […]

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