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Sep 25 - 02:36 AM
NZD/USD - RBNZ Unchanged And Statement As Expected
First appeared on eFXplus on Sep 24 - 10:10 PM
  • NZD/USD moving higher after RBNZ left the rate at 1.0% as expected

  • No surprises in statement, which leaves door open for more easing if needed nZZN00OM00

  • NZD/USD above 0.6335 after trading as low as 0.6304 before the RBNZ

  • NZD probably getting support from fact RBNZ didn't spring a surprise

Source:
Refinitiv IFR Research/Market Commentary

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