Published: 2024-03-28T05:12:39.000Z
NZD/USD flows: RBNZ signals no hike
FX Analyst
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New Zealand March consumer confidence plunges to 86.4 (prior 94.5)
While regional sentiment in Hong Kong and China is positive, U.S. and Japan equity indexes are in the red. U.S. Treasury yields are also higher across the curve. The March New Zealand consumer confidence has plunged to 86.4 from prior 94.5, which further drags sentiment in the Kiwi of more recession fear.
NZD/USD slipped 0.21% to 0.5991.