Three further central banks give their decision on interest rates this week. On Thursday, Norway and Switzerland make their announcements, the former is expected to cut interest rates and the latter to keep them on hold. On Friday we have the announcement from the Japanese Central Bank which is also expected to keep interest rates on hold.
Tuesday will be a busy day for the Australian dollar as the central bank’s monetary policy meeting minutes are released early in the morning. Looking to Wednesday, we have the release of New Zealand growth data, which is forecast to come in lower than previous releases, at 0.6%.
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