(eToro Blog) An adviser to the People’s Bank of China said that the slowing economic growth means that the government is likely to have successfully orchestrated the soft landing for which it has been aiming. Inflation is expected to ease from 2011’s 4.5% to about 3% this year, and some analysts believe that the central [...]
NZD 
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OpenBook Traders Turning Bearish on Kiwi
(eToro Blog) Reserve Bank of New Zealand governor Alan Bollard stated today that he expects to keep interest rates low due to moderate inflation and the European debt crisis. The official cash rate was also left unchanged at 2.5%. This was a shift in sentiment from Bollard who last month sounded more hawkish and expected [...]
Trading the Reserve Bank of New Zealand Rate Decision
(eToro Blog) The Reserve Bank of New Zealand will announce its interest rate decision at 9:00 pm London time later today, and analysts expect that the current benchmark rate will be held at unchanged at 2.5%. In general, OpenBook traders are bullish on the NZD/USD pair, and ahead of the rate decision, trader kercado has [...]
