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6 Aug 2019

RBNZ Survey: New Zealand inflation expectations fall in Q3, Kiwi loses 15-pips

According to the latest Reserve Bank of New Zealand (RBNZ) survey, New Zealand's both 1-year and 2-year inflation expectations dropped in the third quarter.

Business managers forecast annual inflation averaging 1.71% over the coming year vs. 1.97% previous.

Two-year inflation expectations, seen as the time frame when RBNZ policy action will filter through to prices, fell to 1.86% from 2.01% last.

The Kiwi lost ground on the poor data release and tested the strong support near 0.6540 region before rising back above the midpoint of the 0.65 handle.

Aug 6, 2019

When is the RBA Rate Decision and how could if affect AUD/USD?

The Reserve Bank of Australia (RBA) will announce its decision on interest rates at 2:30 pm AEST am in Sydney, Australia, 4:30 am GMT. The central ban
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Aug 6, 2019

Indonesian Consumer Confidence drops further in July, Rupiah unfazed

The latest survey conducted by Bank Indonesia (BI), the Indonesian central bank, showed that the country’s Consumer Confidence Index fell further to 1
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