Whitt@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 1 year agoNew Zealand officially in recession as GDP falls for second quarterwww.rnz.co.nzexternal-linkmessage-square25fedilinkarrow-up132arrow-down10
arrow-up132arrow-down1external-linkNew Zealand officially in recession as GDP falls for second quarterwww.rnz.co.nzWhitt@lemmy.nz to Aotearoa / New Zealand@lemmy.nzEnglish · 1 year agomessage-square25fedilink
minus-squareBalpeenHammer@lemmy.nzlinkfedilinkEnglisharrow-up2·1 year agoThe US economy is rebounding so why is their currency going down?
minus-squareDave@lemmy.nzMlinkfedilinkEnglisharrow-up1·1 year agoI’m not sure, but it might be to do with the Federal Reserve indicating they will add another 50bp to rates by the end of the year. But I’m no expect, I just looked at a currency graph to check USD against some major currencies.
The US economy is rebounding so why is their currency going down?
I’m not sure, but it might be to do with the Federal Reserve indicating they will add another 50bp to rates by the end of the year. But I’m no expect, I just looked at a currency graph to check USD against some major currencies.