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Feb 11 - 09:48 PM

NZD/USD - Pops Higher After RBNZ Hawkish Hold

By John Noonan  —  Feb 11 - 08:10 PM
  • NZD/USD breaking above 0.6450 after RBNZ left rates on hold at 1.0%

  • RBNZ statement and projections more hawkish than expected nAZN006H2V

  • RBNZ expects impact of coronavirus to be short-lived nS9N28R009

  • NZD/USD above 10-day MA at 0.6449 with next resistance at 0.6500/10

Source:
Refinitiv IFR Research/Market Commentary

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