New Zealand Current Account - GDP Ratio above forecasts (-8.7%) in 3Q: Actual (-7.9%)

Dec 13, 2022

New Zealand Current Account (QoQ) came in at $-10.2B below forecasts ($-10B) in 3Q

USD/CAD declines towards 1.3500 as lower US Inflation cements less-hawkish Fed policy

The USD/CAD pair is displaying back-and-forth moves around 1.3540 in the early Asian session. The Loonie asset has turned sideways after a breakdown o