EUR/USD has dropped to 33-month lows.
- George Solotarov
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The dollar is traded in a mixed way.
The dollar is traded in a mixed way.
The Reserve Bank of New Zealand announced that the base interest rate will remain at 1%. After this event, the NZD/USD rose to an intraday high. Also one of the factors reducing the risks is the optimistic mood regarding the current monetary policy of the US Federal Reserve Chairman Jerome Powell. On Tuesday he expressed his position while praising economic development.
Revaluation reserve is when a company creates an item on its balance sheet for maintaining a reserve account tied to particular assets.
A revenue deficit is when the realized net income is less than the projected net income.