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RBNZ OCR Decision Pushes AUDNZD Off A Cliff

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The RBNZ decision to hold the OCR steady at 2.25% pummelled the AUDNZD, much to the delight of Governor Wheeler. The move to stay steady comes on the heels of the abysmal New Zealand Trade Balance result of 117M. As a result, the plunge to 1.0991 will likely be a[​IMG]

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