Kiwi dollar dips below key support

Jul 4, 2022 | Commodities, Currency, Economy, Money Market

Recession concerns continue to dominate markets at present and the NZ dollar has briefly broken key support on the downside. There were big falls in global rates again (US 10-year -13bps) in thin conditions, says Nick Smyth at BNZ Markets. • Industrial commodities fall further on demand fears - copper now 25% off its […]

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Kiwi dollar dips below key support

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