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NZD/USD Stems Slide, Inflation Next

New Zealand’s economy has struggled in the fourth quarter and a soft services release won’t help things. The Performance of Services Index (PSI) slipped to 48.8 in December, a four-month low. This followed a November reading of 51.1. A reading below 50 indicates contraction. The low reading was driven by concerns over the cost of living and the economic slowdown. ....

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NZD/USD stems slide, inflation next

New Zealand Services PSI eases to 48.8 New Zealand inflation expected to ease to 0.5% The New Zealand dollar has edged higher on Tuesday. In the North Ame ....

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