Unlike the Fed, which expresses confidence in the soft landing for the US economy, the Reserve Bank of New Zealand has been more sincere, claiming that a recession is needed to press down inflation. How did it affect NZDUSD? Let us discuss the Forex outlook and make up a trading plan.
Monthly New Zealand dollar fundamental forecast
The three largest banks in New Zealand predict that even if its economy manages to get out of a technical recession, it will soon plunge into a new recession. The full effect of the 525-basis-point rate hike has yet to come and will... Read full author’s opinion and review in blog of #LiteFinance
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