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Central Banks

NZD/USD a few points higher after the RBNZ statement says rates to stay high for some time

By adminPosted onAugust 16, 2023
Time to Read:-words

The Reserve Bank of New Zealand summary is here:

  • Reserve Bank of New Zealand leave cash rate unchanged at 5.5%, as widely expected

NZD/USD up a touch after the announcement, The Bank said it’ll be holding rates high for some time, which is not a surprise.

This article was written by Eamonn Sheridan at www.forexlive.com. Source

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  • Japanese Yen Q4 Fundamental Forecast: Bearish Kick-off, Year-End Revival Chance
  • What technical levels are in play for major currency pairs going into the new trading week
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