Neutral
EUR/NZD rises to 1.9804 ahead of RBNZ rate decision; Eurozone inflation at 3.3%
EUR/NZD has climbed to 1.9804 as traders anticipate the Reserve Bank of New Zealand's (RBNZ) monetary policy decision later today. Eurozone annual inflation accelerated to 3.3% in August, up from 2.9% in July, primarily due to rising energy prices. Core inflation, excluding volatile items, eased to 2.4% from 2.5%.
Key points
- EUR/NZD reaches 1.9804 ahead of RBNZ rate decision.
- Eurozone inflation rises to 3.3% in August.
- Core inflation in Eurozone eases to 2.4%.
Sources
AI-generated from public news sources. Not financial advice.
