Skip to main content

datastreet.in

Dollar slips as investors bet on US rate cuts; kiwi jumps after RBNZ decision

The dollar weakened as U.S. economic data suggested a December rate cut, with a potential dovish Fed chair nominee further pressuring the currency. The New Zealand dollar surged on a hawkish outlook, while the Australian dollar saw a brief boost from inflation figures. Sterling remained steady ahead of a significant budget announcement.

Source :- Markets-Economic Times Read More

Share it :

Leave a Reply

Your email address will not be published. Required fields are marked *