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Kiwi Recovering After Surprise RBNZ Rate Cut

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    NZD/USD has posted gains on Thursday, following sharp losses in the Wednesday session. NZD is trading at 0.6670 in the North American session. In economic news, the RBNZ surprised the markets with a rate cut of 0.25%, lowering rates to 2.25%. In the US, Unemployment Claims dropped to 259 thousand,[​IMG]

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