The Reserve Bank of New Zealand has today raised the Official Cash Rate by 50 basis points to 2.50%. It is the RBNZ’s third straight 50bp hike in a row, in a tightening cycle that started back in October. The move was widely expected by economists and means the RBNZ has become one of the […]
The post NZDUSD Grounded Despite a Third 50bp RBNZ Rate Hike appeared first on Action Forex.
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