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The New Zealand dollar led July’s G10 gains after an RBNZ rate hike, while softer U.S. inflation weighed on the dollar and left the euro at the bottom of the major-currency table.
When you read about Exchange Rate forecasts you often also read about Interest Rate predictions. But what is the connection? In this article we explore the relationship between Interest Rates and Currencies.
Flash crashes can cause massive losses to those on the wrong side of them and without central bank intervention more of these are on their way.