Reserve Bank of New Zealand Meets as Kiwi Currency Approaches Trendline
NZD/USD struggles to retain the rebound from earlier this week as the update to New Zealand’s Gross Domestic Product (GDP) report showed the first contraction since 2009, and the exchange rate may continue to give back the advance from the start of the month as the Relative Strength Index (RSI) appears to be on track to threaten the bullish formation from March. Read more…..
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Margy Osmond, chief executive officer of industry group Tourism & Transport Forum Australia, discusses how the coronavirus outbreak is affecting businesses in the country. She speaks with Haidi Stroud-Watts and Shery Ahn on “Bloomberg Daybreak: Australia.”