Breaking: RBNZ leaves rates unchanged at 1.00%. disappoints the doves – Kiwi rallies hard

RBNZ leaves rates unchanged at 1.00%. disappoints the doves – Kiwi rallies hard

Nov 13, 2019

New Zealand RBNZ Interest Rate Decision came in at 1%, above expectations (0.75%)

NZD/USD pops to 0.6420 as RBNZ announces no rate change

RBNZ again surprises global markets, this time positively, while turning down the expectations of a rate cut, which in turn propels NZD/USD to 0.6420.