Antipodean currencies continue to weaken despite an improvement in risk sentiments as the slowdown in both Australia and New Zealand becomes evident through data.
Time is limited and it’s a fact we must live with. There are exactly 24 hours in a day, 60 minutes in an hour, 60 seconds in a minute and so on. If you think it’s not enough then you’re probably right – until you stop fretting over lost hours and start developing a habit of managing your time.
With RBNZ likely to cut rates tomorrow to 0.75% alongside RBZ’s current interest rates, NZD could remain dovish.
President Trump said last Friday that he has not agreed to scrap tariffs on Chinese goods which dampened global outlook. Safe-haven currencies could strengthen.
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