RBNZ announcement is here:
RBNZ announce a 0.5% interest rate hike, more than the 0.25% widely expected
The consensus was for a 25bp hike ... but from me back on Monday:
NZD/USD tested 0.6900 but has not sustained:
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NZD/USD higher after the larger than expected interest rate hike from the RBNZ
NZD/USD higher after the larger than expected interest rate hike from the RBNZ
- Reserve Bank of New Zealand raised its cash rate by 0.5% vs. the 0.25% consensus expectation
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