Reserve Bank of New Zealand (RBNZ) news

The Reserve Bank of New Zealand (RBNZ) is New Zealand's central bank. Its primary function is to maintain monetary and financial stability. The RBNZ uses various monetary policy tools to influence economic activity and support sustainable economic growth in New Zealand.

NZD/USD posts a major reversal higher after the RBNZ Cut – Technical Outlook
FX markets remain open during US Thanksgiving holiday, with the Kiwi Dollar (NZD) stealing the spotlight. After a struggling year, the NZD is surging on a strong Retail Sales beat. RBNZ Governor Hawkesby added fundamental support by stating future rate cuts face "significant hurdles," signaling the 2.25% rate is likely the lower bound. We analyze the NZD/USD pair on multiple timeframes.
by Elior Manier
New Zealand_Flag
NZD_NewZealand_Bank_Notes_Cash
1 2 7