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RBA Keeps OCR On Hold, Signals More Cuts Amid weak inflation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 4, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    New Zealand employment unexpectedly declined for the first time in three years in the July-September period, pushing up the jobless rate and sending the Kiwi Dollar lower. The New Zealand Dollar plunged more than 1% versus the US Dollar to trade at $0.6667 from $0.6704 before the data release. According[​IMG]

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