NZ Dollar Soft After China Slashes Growth Target

Mar 05,2019 15:02   Source:Earnforex
The New Zealand dollar slumped against its most-traded rivals today. The likely reason for the significant drop was news from China as domestic fundamentals looked good, giving the currency no reason to decline. China lowered its target for economic growth from 6.5% to a more flexible range of 6.0%-6.5%. The news was considered an evidence that the trade war with the United States had a tremendous negative impact on the Chinese economy. Indeed, […]

沪ICP备13043996号-3  TradeQQ Media Group 汇讯通