The Traderszone Network

Published in TZ Latest News 16 December, 2021 by The TZ Newswire Staff

EURNZD: Ready to tumble out of the ECB meet?

The EUR saw gains as its funding currency unwound with the JPY and the CHF on the risk off tones after the US thanksgiving. A funding currency is a cheap currency that you pair with high betas (like the NZD). So, the EUR gained on that. BUT the eurozone has surging cases. The services PMI have misse