The Reserve Bank of New Zealand meets on Wednesday this week to discuss Monetary Policy.  Expectations are that the central bank will raise interest rates by 50bps from 1.5% to 2%. At the last meeting in April, the committee surprised the markets by hiking 50bps vs expectations of only a 25bps hike. The RBNZ cited […]

The post Currency Pair of the Week: NZD/USD appeared first on Action Forex.