NZ dollar out- performing

Aug 14, 2024 | Currency, Economy, Money Market

A benign US PPI print got the market’s attention and helped drive lower US rates, a lower USD and higher US equities, said BNZ Markets this morning. Against broad-based weakness in the USD, the NZD has outperformed, steadily rising to 0.6075 and higher on the crosses. At yesterday’s close, the market was pricing 17bps worth […]

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NZ dollar out- performing

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