New Zealand NZIER Business Confidence (QoQ): -34% (2Q) vs previous -29%

Jul 2, 2019

NZD/USD remains on the back foot ahead of New Zealand second-tier data

In addition to the US Dollar’s (USD) renewed buying, sluggish activity numbers from China also drag the NZD/USD pair towards extending the previous declines.

AUD/USD: Bears catch a breath near 0.6970 as all eyes on RBA

AUD/USD holds tightly around 0.6970 ahead of the key RBA meeting that is widely anticipated to announce a 0.25% rate cut.