New Zealand Dollar rises broadly today, buoyed by ANZ’s forecast that RBNZ is set to increase the official cash rate in its upcoming meetings on February 22 and again in April, elevating interest rate to 6%. ANZ’s chief economist, Sharon Zollner, highlighted RBNZ’s November warning that stronger-than-expected inflation pressures would necessitate further increases in the […]
The post ANZ forecasts RBNZ rate hikes, triggering Kiwi surge and AUD/NZD range breakout appeared first on Action Forex.
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