Next 24 hours: Trump Talks Taxes, US Dollar Rallies
Today’s report: Kiwi Rocked on Dovish RBNZ
The big news on Thursday has been the RBNZ decision, with the central bank leaving rates on hold at 1.75%, but catching the market off guard, striking a decidedly more dovish tone. The central bank was clearly uncomfortable with the higher Kiwi rate when it said the market had gotten ahead of itself in looking for a rate hike this year. read report