The Reserve Bank of New Zealand (RBNZ) cut its key interest rate by 50 basis points to 4.25%, bringing the total number of cuts in this cycle to 125. The move was in line with average market forecasts, although it represents a higher rate of normalisation than the G10 club of major developed market currencies. […]

The post NZDUSD: Temporary Bounce Rather Than Return to Growth appeared first on Action Forex.

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