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. This brings the […]

The post NZ Dollar Soars After Central Bank Slashes Rates appeared first on Action Forex.

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