Good news from China, a high global risk appetite and divergence in Fed-RBNZ's monetary policy are pushing NZDUSD up. But are markets wrong? Let's discuss this topic and make up a trading plan.
Weekly New Zealand dollar fundamental forecast
In 2021–2023, markets got used to central banks acting in a flock led by the Fed. They raised rates in response to accelerating inflation, while the pace of global monetary restriction was set by the Federal Reserve. The same processes occurred in different countries, namely the growth of CPI associated with the pandemic and fiscal incentives, which were triggered by the disruption of... Read full author’s opinion and review in blog of #LiteFinance
What's Your Reaction?