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New Zealand Economic Downturn Worsens Ahead of RBNZ Inflation Survey /
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2024-07-17 07:03:18

New Zealand Economic Downturn Worsens Ahead of RBNZ Inflation Survey on Nostr: Pound New Zealand Dollar (GBP/NZD) Extends Gains Ahead Of NZ Data Release ...

Pound New Zealand Dollar (GBP/NZD) Extends Gains Ahead Of NZ Data Release
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#f21a6912 ver:0.29

The Pound New Zealand Dollar (GBP/NZD) exchange rate continues to rise ahead of NZ data release, reaching levels over 2% higher than the previous week. The NZD declines against major currencies due to anticipation of inflation data and disappointing data from China. GBP strengthens as traders expect confirmation of stalling consumer inflation and speculate on BoE's forward guidance. A 50-50 chance of an interest rate cut on August 1st. GBP/NZD exchange rate to be influenced by UK's inflation release. #GBP #NZD #inflation #BoE...

#newstr #Pound #NewZealandDollar #Gbp/nzd #ExchangeRate #Inflation #BankOfEngland

https://here.news/story/f21a6912?ver=0.29
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