NZ Dollar Falls on Market Sentiment, Domestic Data

May 29,2019 17:04   Source:Earnforex
The New Zealand dollar fell today as negative domestic macroeconomic data and the risk-off market sentiment drove the currency down. The ANZ Business Confidence improved to -32.0 in May from -37.5 in April. All sectors remained deeply in the negative territory, though, indicating that New Zealand’s economy does not fare well. Indeed, the report said: The economy has cooled considerably over the past couple of years. It also mentioned probability […]

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