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New Zealand’s unemployment rate has accelerated to 5.1% in Q4 2024, a whisker below its Covid peak of 5.2% while Australia’s unemployment rate remained stable at 4%. A further steepening of yield spreads between Australian and New Zealand sovereign bonds may trigger further upside in the AUD/NZD cross rate. Watch the 1.0980 key medium-term support […]

The post AUD/NZD: Further Aussie Outperformance Over Kiwi Supported by a Weaker New Zealand Labour Market appeared first on Action Forex.

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GBP/USD Advances – Will Bulls Keep the Pressure On?

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19/03/2024

Where Are the Yen Bulls?

We expected – at the start of this year – that March would bring a Fed rate cut. It brought a BoJ rate hike instead. Yes, the Bank of Japan (BoJ) scrapped its negative rate policy, raised the rates from -0.10% to 0%, ditched its YCC policy and ended the purchases of ETF and Japanese […]
24/04/2024

Will BoJ Disappoint Once Again?

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