RBNZ pauses rates as expected hike fails to materialize, NZD sinks
The Reserve Bank of New Zealand held its Official Cash Rate at 2.75% in a 4-3 vote, surprising markets that had priced in a 25 bps hike. The US Dollar strengthened against the NZD, which fell 1.6%.
Original · FXStreet AI summary of public reporting
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At publication → CurrentJPY157.82 → 158.13+0.2%