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Summary The Reserve Bank of New Zealand (RBNZ) kicked off its rate cut cycle at this week’s meeting, lowering its policy interest rate by 25 bps to 5.25%. The decision was a mild surprise, with an overall majority of analysts (including ourselves) expecting the central bank would remain on hold. Several factors contributed to the […]

The post Reserve Bank of New Zealand Pivots to Rate Cuts appeared first on Action Forex.

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03/06/2024

WTT: What To Trade in June

Hey guys! Here comes June, and here, as usual, I share a few interesting trade ideas, and opportunities to capitalize on for profits. Here in this short piece, I present 3 pairs that are currently on my radar for the month of June. Be sure to do your due diligence, and avoid trading into moments […]
20/06/2024

Sunset Market Commentary

Markets The Bank of England was one of the three central bank highlights today. The Norges Bank and the Swiss National Bank outcomes are in the section down below. Threadneedle Street kept the policy rate unchanged at 5.25% in a 7-2 vote with two members voting for a cut (Dhingra and Ramsden). The policy statement […]
08/05/2024

Fed Kashkari Comments Didn’t Bring Life into Mostly Sideways Dealings

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