Breaking: RBA leaves key rate unchanged at 4.35% in June, as expected
The Reserve Bank of Australia (RBA) announced on Tuesday that it holds the Official Cash Rate (OCR) at 4.35% after concluding its June monetary policy meeting. The decision aligned with…
Read More »New Zealand Dollar rallies after RBNZ delivers hawkish hold amid softer US Dollar
The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on Wednesday after the Reserve Bank of New Zealand (RBNZ) delivered a hawkish hold at its latest monetary policy…
Read More »RBNZ set to hold rate steady as new Governor Breman confronts elevated inflation
The Reserve Bank of New Zealand (RBNZ) remains on track to maintain the Official Cash Rate (OCR) at 2.25% after concluding its first monetary policy meeting of this year on…
Read More »RBNZ Preview: 25 bps interest rate cut expected, 50 bps surprise cut in play
The Reserve Bank of New Zealand (RBNZ) is widely expected to cut the Official Cash Rate (OCR) by another 25 basis points (bps) from 3% to 2.75% after concluding its…
Read More »New Zealand Dollar Forecast: Improved Trade Balance, Westpac OCR Update to Lift NZD?
New Zealand reported positive trade data for May as the New Zealand Dollar gained against the US Dollar following a technical victory overnight.
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