Tuesday, 4 April 2023

New Zealand Dollar Soars as RBNZ Surprises with a More Aggressive Hike, Where to?

The New Zealand Dollar shot higher after the Reserve Bank of New Zealand unexpectedly hiked rates to 5.25% from 4.75%, markets were looking for 5%. Where to for NZD/USD?

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...