Latest RBNZ News

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2 Reasons Why RBNZ Keeps Rates on Hold
Feb 12, 2020
Giles Coghlan
At its first meeting of the year, the Reserve Bank of New Zealand (RBNZ) held the official cash rate at 1.0%. What two reasons influenced their decision?
AUDNZD Declines Ahead of RBNZ Rate Meeting
Feb 11, 2020
Giles Coghlan
The RBNZ will hold its first policy meeting of 2020 on Wednesday, announcing its decision at 01:00 GMT. What can AUDNZD  traders expect?
What events will drive the market this week? Stay updated as HYCM’s analyst has shared his insights on this weekly market overview.
The New Zealand dollar has recovered from a multi-week low to 0.6405 ahead of the Reserve Bank of New Zealand monetary policy meeting on Wednesday 12. | According to Reuters RBNZ rate cut poll, 12 out of 15 analysts expect the Reserve Bank of New Zealand to cut rates to 0.75% on wednesday
The NZDUSD pair has been on a downward trend since Wednesday last week. Today, the pair declined sharply after the decision by RBNZ to cut rate.
NZDUSD pair extended its recent pullback from three-month tops as the bearish pressure remains unabated despite softer US data.
New Zealand dollar rises, reaching a high of 0.6660 after the central bank delivered its interest rates decision.