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NZD/USD dives after dovish RBNZ hike

NZD/USD dives after dovish RBNZ hike
RBNZ raised OCR by 25bps to 5.50% today, reaching the projected peak interest rate. The decision was made by a 5-2 vote, with two committee members voted for no change. The central bank noted that “The OCR will need to remain at a restrictive level for the foreseeable future, to ensure that consumer price inflation […] The post NZD/USD dives after dovish RBNZ hike appeared first on Action Forex... Read More
Posted: May 24 2023, 06:19
Author Name: actionforex
Views: 102193

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