NZD appears to have taken a back seat amid a deteriorating NZ economic outlook and the growing view that RBNZ is done with raising rates. What is the outlook for NZD/USD, AUD/NZD, and EUR/NZD?
The selling has paused in indices for now, with the Nasdaq 100 and S&P 500 holding their September lows and the Nikkei 225 avoiding a close below the 200-day moving average.
The US currency acts in the same way during recessions Global economy is cyclic. The US dollar allows other currencies to take the lead in the period of GDP growth or recovery, but when it comes to a
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