RBNZ | AUDNZD | Inflation | InterestRate | RetailSales

AUD/NZD nosedives below 1.0940 as RBNZ announces an interest rate hike by 50 bps

AUD/NZD has plunged to near 1.0934 on consecutive 50 bps OCR hikes by the RBNZ. RBNZ’s OCR has been elevated to 2%, in line with the estimates. Aussie bulls are awaiting the release of the mon...

2022-05-25 02:33 (GMT+0)

Source : FXStreet


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