Five major central banks announce decisions this week, but the RBNZ and BoC—not the Fed, ECB or BoJ—carry the greatest potential for a meaningful repricing. With NZD/USD testing 0.5766–0.5808 resistance and USD/CAD testing 1.3986–1.3927 support, the question for both is whether policy guidance validates the tightening markets have already priced in.
The post NZD/USD and USD/CAD in Focus as RBNZ and BoC May Deliver Central Bank Week’s Biggest Surprises appeared first on ActionForex.
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