Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
The RBNZ can make the kiwi weak

The RBNZ can make the kiwi weak

Information is not investment advice

The Reserve bank of New Zealand will make its statement and announce an official rate on August 7, at 5:00 MT time. After that, the RBNZ governor Adrian Orr will conduct a press conference at 6:00 MT.

Markets forecast the rate cut by 25 basis points from 1.5% to 1.25%. This move will be similar to May’s one, where the bank cut its interest rate by a similar amount of points. The reasons behind the anticipated decision are the ongoing trade tensions between the US and China and the slowdown of New Zealand’s economy. In addition, the comments by Mr. Orr will be in focus, as he will share his further expectations concerning rates.

• If the RBNZ cuts its rate, the New Zealand dollar will fall;

• If the RBNZ does not cut its rate, the New Zealand dollar will rise.

Check the economic calendar

shutterstock_1122971111 (1).png

                                                                                                LOG IN

                                                                                                              

Similar

Popular

Choose your payment system

Learn more