RBNZ Leaves Rates Unchanged; NZD/USD Poised to Hit $0.7400

The Reserve Bank of New Zealand (RBNZ) decided on its monetary policy direction a few hours ago and opted to leave interest rates unchanged at 0.25%, building on the country’s relative success in stemming the tide of the coronavirus pandemic. This decision was widely expected and kept to market expectations. […]


NZDUSD: Here’s Why New Zealand Dollar Spiked After RBNZ Decision

The NZDUSD price jumped after the latest interest rate decision by the New Zealand Central Bank (RBNZ). The pair climbed to a high of 0.6900, which is the highest it has been since May 2019. In its November interest rate meeting, the RBNZ decided to leave interest rates at 0.25%,...

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GBPNZD: Kiwi Looks Set for Further Gains Ahead of Jobs Data

The GBPNZD was lower on Monday and the pair has a bearish tone ahead of Kiwi jobs numbers. The figures will be released after the day’s close and the market is expecting a Q-on-Q unemployment change of -0.8%. The unemployment rate is expected to come in at 5.4% versus last […]


NZDUSD: Will the RBNZ Expand Its QE Program or Not?

This is the key question the Reserve Bank of New Zealand (RBNZ) will answer when it delivers its interest rate decision and rate statement, followed by the press conference from the RBNZ Governor Adrian Orr at 2 am GMT, and 3 am GMT respectively. The market consensus is for the […]