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NZD/USD marked lower after the RBNZ leaves rates unchanged, as expected

NZD/USD marked lower after the RBNZ leaves rates unchanged, as expected
The Reserve Bank of New Zealand statement and minutes highlights:RBNZ leaves its cash rate target unchanged at 5.50%, as expectedWhile the RBNZ said rates to will restrictive, it gave little to hints at future rate hikes. A more hawkish tone was expected. NZD/USD has dipped to a three week low after the announcement, continuing its move lower after peaking circa 0.640 last week: This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Oct 4 2023, 01:08
Author Name: forexlive
Views: 092171

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