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Staying the course The RBNZ left the OCR at 5.5%. The forward profile was lowered, and now implies around a 40% chance of a further OCR increase (down from 75% previously) and is in line with our own assessment. The record of the meeting noted that the risks to the outlook were viewed as “more […]

The post Review of RBNZ February 2024 Monetary Policy Statement appeared first on Action Forex.

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10/06/2024

Gold Technical: On the Brink of a Potential Multi-Week Corrective Decline

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