NZD/USD has spiked after the RBNZ policy meeting:
While the OCR is unchanged, as was very widely expected, the Bank raised its rate ‘track’ and also its estimate of the neutral rate. More at that link above.
One-minute bars:
(This
chart is from our charting app, which is free and can
be found at this link)
This article was written by Eamonn Sheridan at www.forexlive.com. Source