NZD/USD surges to 0.5710-0.5715 after RBNZ delivers first rate hike in three years

MacroDigital Finance
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Summary · why it matters

The NZD/USD pair rallied strongly to the 0.5710-0.5715 area after the Reserve Bank of New Zealand raised interest rates for the first time in three years. The hawkish decision propelled the pair above the 0.5700 mark during Asian trading on Wednesday.

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