Today’s rate announcement was significant as it marks the first time that the central bank has failed to lower rates since it started the current…
The Kiwi dollar fluctuated after the RBNZ held overnight, and is now back at yesterday’s 0.600 close, ING’s FX analyst Francesco Pesole notes. NZD/USD to…
NZD/USD is range-bound around 0.6000. RBNZ delivers a dovish hold. The RBNZ kept the Official Cash Rate (OCR) unchanged at 3.25%, as was largely anticipated,…
NZD/USD trades in positive territory near 0.6000 in Wednesday’s Asian session, adding 0.25% on the day. The RBNZ held its OCR steady at 3.25% at…
The Reserve Bank of New Zealand (RBNZ) board members decided to maintain the Official Cash Rate (OCR) at 3.25% following the conclusion of the July…
AUD/NZD moves into positive territory after the RBNZ policy decision on Wednesday. The Reserve Bank of New Zealand maintained the Official Cash Rate (OCR) at…
NZD/USD struggles to capitalize on the post-RBNZ spike during the Asian session. Reduced Fed rate cut bets and trade jitters benefit the USD and weigh…
As widely expected, the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate (OCR) for a sixth straight meeting by 25bps…
The Reserve Bank of New Zealand cut rates by 25bp to 3.25% as widely expected this morning, although the overall message was more hawkish than…
NZD/USD strengthens to near 0.5965 in Wednesday’s Asian session, up 0.20% on the day. The RBNZ slashed its OCR by 25 bps to 3.25% from…