Commodity currencies under performing

Oct 20, 2023 | Currency, Economy, Money Market

20.10.23 Against a backdrop of weaker risk appetite, commodity currencies have underperformed over the past 24 hours, with the NZD trading at a fresh low for the year before recovering, notes BNZ Markets this morning. “Trading has been whippy over the past hour or two in response to a speech by Fed Chair Powell, with […]

 


 

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