Royal Bank of New Zealand (Bullish) The RBNZ, which predicts prices will rise 22% in the year through June, is reinstating mortgage lending restrictions.
Royal Bank of Australia (Bearish) - Australia's interest rates will stay low until 'at least 2024', RBA says - Philip Lowe used a speech to a summit convened by the Australian Financial Review on Wednesday to signal that the official cash rate will remain at historic lows until “at least 2024” because there is no prospect of wages growth hitting more than 3% before that time.
Royal Bank of Australia (RBA) is struggling to raise interest rates and not seeing wage gains until 2024 for most employers. No reason AUD/NZD should be so high correction to 1.03
I am only a speculative trader and this is not financial advise on trades.
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
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