NZD/USD bounces off 1-month low

The NZD/USD managed to recover slightly at the beginning of the European session, snapping a 7-day losing streak.
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Pegging the timing of BoE's first rate hike increasingly difficult - TD Securities

Jacqui Douglas, Senior Global Strategist at TD Securities suggests that while UK’s inflation prospects seem to be getting murkier, pegging the timing of the first rate hike is becoming that much more difficult.
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