The New Zealand dollar has ended a five-day losing streak on Wednesday. In the European session, NZD/USD is trading at 0.5887, up 0.9% on the day.
RBNZ chops rates by 50 basis points
The Reserve Bank of New Zealand lowered its cash rate by 50 basis points today in a widely-expected decision.
27-11-2024 04:25 GMT
by Kenneth Fisher