2022-02-22 10:53:42
Check out these events to boost your profit RBNZ Interest Rate Decision — February 23, 03:00 MT time
US GDP Growth Rate QoQ 2nd Est — February 24, 15:30 MT time
Core PCE Price Index MoM — February 25, 15:30 MT time
The NZD is now trading near its long-term lows versus the USD. Expectations of a rate hike and hawkish comments of the RBNZ can make it test resistance at 0.6700 and 0.6750. However, strong data from America and higher rates in the US will limit the upside for NZD/USD.
America publishes
GDP growth for the final quarter of 2021 again. If the estimate is the same as last time or higher, we’ll see the USD rising in all major Forex pairs. Otherwise, the American currency will decline.
The PCE Price Index is an inflation release that will impact EUR/USD, GBP/USD, USD/JPY, USD/CHF, and other pairs. According to the forecast, the indicator increased by 0.5%. If the actual figure is higher, the USD will go up. Otherwise, it will fall.
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