NZD/USD was trying to recover some ground after falling to as low as 0.6193 the prior day and reached a high of 0.6233 before collapsing yet again to mark a fresh low of 0.6184.
Despite a soft across most other currencies, the Kiwi took the brunt of the selling on Tuesday with little rhyme nor reason behind the moves other than the escalating US-China tensions over Taiwan. China simulated precision strikes against key targets on and around Taiwan on Monday, the 2nd day of exercises near the island.
Domestically, the Reserve Bank of New Zealand said in its latest meeting minutes that it is expecting to see a further easing in domestic demand as well as a slowdown in core inflation and inflation expectations. However, last week, the central bank delivered a larger 50bps rate hike amid overheated inflation and employment and shattered market consensus of a 25bps rise. The central bank also said in its April monetary meeting minutes that there is no material conflict between lowering inflation and maintaining financial stability in New Zealand. The RBNZ called out a larger inflationary impact from the cyclone rebuild and upside risks to the fiscal outlook and does not want to see any fall in lending rates.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.