SYFX

ForexLive Asia-Pacific news wrap: Kiwi dips on negative rate cut talk

Summary

By sueyangfx.com October 08, 2020 at 04:59AM Forex news for Asia-Pacific trading on October 7, 2020: Markets: – Gold down $3 to $1884 – Nikkei 225 up 1.2% to erase year-to-date loss – GBP leads, NZD lags Price action was […]

October 08, 2020 at 04:59AM

Forex news for Asia-Pacific trading on October 7, 2020:
Markets:
– Gold down $3 to $1884
– Nikkei 225 up 1.2% to erase year-to-date loss
– GBP leads, NZD lags
Price action was mostly subdued in Asia-Pacific FX but came to life on headlines from the RBNZ that confirm more easing is coming and that negative rates are in play.

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