Kiwi Rallies on Strong Confidence Data, Nvidia’s Underwhelming Forecast Weighs on NASDAQ
New Zealand Dollar made significant gains in Asian session today, boosted by unexpectedly strong business confidence data from New Zealand. In retrospect, RBNZ’s unexpected rate cut just two weeks ago now appears to be a timely and strategic move, welcomed by Kiwi traders. By initiating the policy easing cycle earlier than anticipated, RBNZ may have […] The post Kiwi Rallies on Strong Confidence Data, Nvidia’s Underwhelming Forecast Weighs on NASDAQ appeared first on Action Forex.
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New Zealand Dollar made significant gains in Asian session today, boosted by unexpectedly strong business confidence data from New Zealand. In retrospect, RBNZ’s unexpected rate cut just two weeks ago now appears to be a timely and strategic move, welcomed by Kiwi traders. By initiating the policy easing cycle earlier than anticipated, RBNZ may have […]
The post Kiwi Rallies on Strong Confidence Data, Nvidia’s Underwhelming Forecast Weighs on NASDAQ appeared first on Action Forex.
