Market RecapThe conclusion of the June meeting has seen the Federal Reserve (Fed) keeping rates on hold at 5.00%-5.25% in a widely-anticipated move, but there is less conviction for markets that today’s move will mark the end of its…
New Zealand Dollar, NZD/USD, US Dollar RBNZ, FOMC, Fed, Powell, NZX50 Index - Talking PointsThe New Zealand Dollar lost ground after GDP data disappointedGrowth for the first quarter met expectations but there were some downward…
US DOLLAR OUTLOOK:U.S. dollar ended the day lower despite the Fed’s hawkish monetary policy outlookThe FOMC held rates steady at the end of its June meeting, but signaled the tightening cycle is not overThe U.S. dollar’s bearish reaction…