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New Zealand Economic Downturn Worsens Ahead of RBNZ Inflation Survey /
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2024-07-02 09:03:27

New Zealand Economic Downturn Worsens Ahead of RBNZ Inflation Survey on Nostr: Pound New Zealand Dollar (GBP/NZD) Exchange Rate Trends Broadly Higher Amid Mixed ...

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Trends Broadly Higher Amid Mixed Data
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#f21a6912 ver:0.27

The Pound New Zealand Dollar exchange rate is trending higher due to weakness in the US Dollar and bullish trading sentiment. Despite mixed data, the Pound remains strong as investors bet on a Bank of England interest rate cut in September. The New Zealand Dollar is weighed down by weaker Australian data but supported by upbeat Chinese manufacturing data. The exchange rate could be influenced by central bank developments and external factors. Technical signals suggest the GBP/NZD pair could continue to trend higher in the short-term. #GBP #NZD #forex...

#newstr #Pound #NewZealandDollar #ExchangeRate #Gbp/nzd #MixedData #BankOfEngland #InterestRateCut #Inflation #ManufacturingPmi #ReserveBankOfAustralia #FederalReserve #GeneralElection #FrenchElection #EconomicForecasts

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