New Zealand Current Account - GDP Ratio up to -6.7% in 2Q from previous -6.8%

Sep 18, 2024

New Zealand Current Account (QoQ) came in at $-4.826B below forecasts ($-4B) in 2Q

GBP/USD pares back ahead of Fed’s midweek rate call

GBP/USD pared back on Thursday, declining back toward 1.3150 as investors buckle down for the wait to Wednesday’s broadly-antiicpated rate cut from the Federal Reserve (Fed), where the US central bank is expected to kick off a rate cutting cycle.