Fundamental review Recent data signals a resilient US labor market: Weekly jobless claims dropped by 10,000 to 201,000 — the lowest level since February. The latest JOLTS report shows job openings hitting a six-month high, driven by business services. According to Bloomberg, traders have now pushed back expectations for a Fed rate cut to July. […]
The New Zealand dollar has stabilized on Monday after as sharp decline of 1% on Friday. In the European session, NZD/USD is trading at 0.5945, up 0.14%. The New Zealand dollar dropped as low as 0.5927 earlier, its lowest point since November 14. NZ Services PSI declines New Zealand’s services sector had a dismal March, […]
The post NZ Dollar Slides to Five-Month Low appeared first on Action Forex.
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