NZ dollar pushes higher

May 10, 2024 | Business, Currency, Economy, Global Share Markets, Money Market

Overnight, much weaker than expected US initial jobless claims figures triggered lower US Treasury yields and a weaker USD, although moves have been modest, notes BNZ this morning. “The BoE signalled a rate cut was soon coming, something the market was largely prepared for,” says senior markets strategist Jason Wong. “The broadly […]

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NZ dollar pushes higher

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