NZD/USD continues to be pressured lower, seventh consecutive daily decline beckons 0 (0)

The drop below 0.6700 last week was the crucial element in driving the declines for NZD/USD as of late but the stronger dollar and more hawkish Fed certainly exacerbated that sentiment.As a result, the pair is now finding itself on the verge of seven straight days of declines – down another 0.4%

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German Q4 preliminary GDP -0.7% vs -0.3% q/q expected 0 (0)

Prior +1.7%GDP (non-seasonally adjusted) +1.4% y/yPrior +2.5%GDP (working day adjusted) +1.4% y/yPrior +2.5%Apologies as there is a bit of a delay on the post due to technical difficulties. The German economy contracted more than expected in Q4 last year, owing to the spread of omicron and restricti

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