#rbnz

NZD/USD hit a three-week high after the RBNZ hike, but bulls still need a clean break above 0.5800 to change the bigger trend.

The New Zealand Dollar jumped after the RBNZ paired a 25 bps hike with a warning that more tightening is likely.

The New Zealand dollar jumped on the RBNZ's first hike since 2023, but MUFG sees restraint, not an aggressive tightening cycle.

AUD/NZD slid after the RBNZ raised rates to 2.50%, with hawkish inflation language giving the Kiwi a fresh yield edge.

Category: Economics · Originally published on Predifi Key Points RBNZ expected to hike...

NZD/USD slid toward 0.5690 after a split NZIER view and softer commodity prices knocked the Kiwi's rebound off course.