SYFX

NZD traders – here’s what to watch out for from the RBNZ ahead

Summary

By sueyangfx.com November 11, 2020 at 09:22PM Yesterday the Reserve Bank of New Zealand announced some planned adjustments to policy, you can find a summary here  In announcing their plans and forecasts the RBNZ  gave a boost to the NZD, […]

November 11, 2020 at 09:22PM

Yesterday the Reserve Bank of New Zealand announced some planned adjustments to policy, you can find a summary here 
In announcing their plans and forecasts the RBNZ  gave a boost to the NZD, sending it back to 0.69 (its waffled sideways just under there since). A higher NZ dollar is not necessarily welcomed by the Bank,

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