FOREX Analysis. Dollar advances but perked-up euro slows

The central bank of New Zealand has announced it will be raising interest rates as the kiwi dollar soars. The Reserve Bank of New Zealand said that the local currency’s strength is ‘unjustified and unsustainable‘, as it detailed measures to lower the dollar.. The New Zealand dollar reached its highest level in 30 years in early July, and has continued to trade strongly since. New Zealand Dollar Forecast: Bullish Outcomes Unfold for NZD/JPY, NZD/USD Live Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental News, Free Trading Signals. Best. USD Dollar, EUR Euro, JPY Yen, GBP Pound, CHF Swiss Franc, CAD Canadian The kiwi is on track to be the week’s biggest gainer against the US dollar, though the others are not far behind. Stronger-than-expected inflation numbers for Q4 further diminished the odds of negative rates in New Zealand overnight. Data misses in the UK and Australia weighed on the respective currencies. Do you dream about the highest profits? Start trading with IQ Option in New Zealand, where favorable conditions for digital currencies are available. The platform offers 21 tokens from top-50. The multiplier indexes vary from x3 to x100, therefore, profits can be impressive. Don’t waste your time! IQ Option allows you to trade binary options that have more than 20 primary exchange rates as their underlying currency, which include EUR/USD (Euro versus US dollar), USD/CAD (US dollar versus Canadian dollar), EUR/AUD (Euro versus Australian dollar), NZD/USD (New Zealand dollar versus US dollar), EUR/NZD (Euro versus New Zealand dollar), AUD View live forex rates and prices for commodities, indices and cryptos. Live streaming allows you to quickly spot any changes to a range of market assets. The Reserve bank of New Zealand holds a meeting on Wednesday at 3:00 MT time. As usual, we await an update on the monetary policy and interest rate. Currently, the regulator keeps the rate at 0.25%. A...

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